Short term trade. As per DXY is raising to fill the imbalance on Daily and as per i said in the previous posts, i am expecting a bullish DXY for January.
As per the last post on NZDUSD, i am expecting some clearance of liquidity on the high level of the price before going in a short period sell.
I am expecting price to clean the Buy Side Liquidity before going down to fulfill some imbalance left behind. As in my previous post, i am expecting DXY to be bullish in the upcoming month.
Based on the last movements i am expecting some bearish orderflow into the Market. I am going to search for short term sells on this pair. I am also expecting for DXY to be bullish for the first month of January.
This is how i see EURUSD for the upcoming weeks. DXY made the move for the imbalance, there is still room to go on it, that's why i am expecting for it to go a little bit lower. Most probably we gonna see some bullish price on Tuesday next week. I look forward to see how it goes in a month.