My analysis lines up with my other pairs I have just posted. Even though I don’t trade this pair, I look at it for confluence, and as you can see, I marked out that supply zone and it reacted perfectly off it as expected. It is now heading into an area of demand so it can continue pushing higher.
I will be looking for the week to open up and for DXY to drop even lower until that demand is mitigated, and then continue moving up from there.
LETS HAVE A GREAT TRADING WEEK PEOPLE!
I will be looking for the week to open up and for DXY to drop even lower until that demand is mitigated, and then continue moving up from there.
LETS HAVE A GREAT TRADING WEEK PEOPLE!
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.