My thoughts on the dollar index 4H 22-02-23
Hello. I'm back so let's get back to the charts. Had taken a little break. With some old highs, comes a liquidity sweep which is what I see happening on DXY. The sweep might also fill a vacuum in price to the indicated OB thus allowing the market makers to inject a volume of bearish orders to further sweep out stalling liquidity below old lows.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.