U.S. Dollar Index
Updated

DXY - High Probability USD Setups This Week

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Recently we had a break out of the descending wedge after getting a higher low. The breakout failed to break a significant level (94.6) level which is why this was a corrective break set up. As it was a corrective break, we saw a deeper complex correction.

Deeper correction:
Price is currently testing the higher significant low (indicated on the chart), which previously gave us a break out of the major descending wedge. We look to be in a smaller descending wedge now where price is being squeezed and looking like it will breakout soon.

As we're anticipating USD strength, we will be looking to short XXXUSD pairs.

I will be posting the best USD set ups below. Do like and comment to show your support!
Note
EURUSD:

EURUSD - The 500 Pip Drop!
Note
GBPUSD:

GBPUSD - Double Top + Ending Diagonal = Major SHORT
Note
NZDUSD:

NZDUSD - Breakdown Imminent!
Note
AUDUSD:
AUDUSD - Multiple Confluence SHORTS

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