My thoughts on this pair right now is that price just hit a weekly zone so there's a chance it could retrace back to my Daily Zone or even the Weekly Structure, just depends on how it respects this current zone. Looking at DXY I see price recently retested 100.701 area and is now kind of hovering the 101.8-101.900 area after breaking above 101.455-101.545...
If price decides to break my 4hr structure then I might have a quick buy to the nearest supply.
What I'm really looking for is to see what price will do when/if it gets to my 6hr supply. If it breaks I'll definitely look to buy in once I see the transition on the retest of that 6hr zone, but it's to be seen because of how close it is to the weekly zone right below...
If I can get a clear break in supply and see price give me a good retest then I'll be looking to buy in today if not I can wait but I'm feeling confident in the trade.
