Euro / U.S. Dollar
Updated

DXY SHORT, EU LONG IDEA

64
DXY is heading to a Monthly FVG
snapshot
On Weekly Chart we can see the nice IOFED Entry formed inside a Monthly FVG which is overlapping a Weekly FVG that can shows us the price going to move lower.
snapshot
On Daily I think price will move above Friday`s high before move lower.
snapshot
Note
EU Long term Target is a Weekly VIB which is very attractive level for IPDA according to ICT.

snapshot
On Daily we can see there is a FVG confluence with a Daily Bullish OB where we can look for long entry if price return to that area.
snapshot

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.