We are anticipating the release of High Impact News today, which is expected to significantly impact the dollar. With this in mind, I maintain an overall bullish outlook on the dollar. However, before this bullish momentum unfolds, I anticipate a series of market movements.
Initially, I foresee a draw towards filling the liquidity void left by yesterday's volatile move. This would involve a movement towards the H4 Order Block. Following this, I anticipate a temporary bearish draw aimed at mitigating the H1 Order Block and filling its Liquidity Void. Once these steps are completed, I expect the bullish momentum to take precedence, setting the stage for a long-term bullish bias.
Stay tuned for further updates and analysis as the market evolves.
Kind Regards,
The_Architect
Initially, I foresee a draw towards filling the liquidity void left by yesterday's volatile move. This would involve a movement towards the H4 Order Block. Following this, I anticipate a temporary bearish draw aimed at mitigating the H1 Order Block and filling its Liquidity Void. Once these steps are completed, I expect the bullish momentum to take precedence, setting the stage for a long-term bullish bias.
Stay tuned for further updates and analysis as the market evolves.
Kind Regards,
The_Architect
Note
The Dollar faced adverse developments in recent news. Looking ahead, the upcoming week promises a flurry of high-impact events, notably the Non-Farm Payrolls (NFP) report, renowned for its capacity to shape market trajectories, alongside the Consumer Price Index (CPI) release. As we prepare for these pivotal updates, I extend wishes for a restful weekend and anticipate resuming our engagement with the market dynamics next week.Warm Regards,
The_Architect
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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.