DXY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are extremely bullish on USD still but we can see we are very over-extended.
Ideally, price action pulls back and forms a higher low closer to 97.250 for good structure.
Trade scenario 2: If we do not see a pullback we can expect price action to rally into 99.250 resistance before we see any reactions.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are extremely bullish on USD still but we can see we are very over-extended.
Ideally, price action pulls back and forms a higher low closer to 97.250 for good structure.
Trade scenario 2: If we do not see a pullback we can expect price action to rally into 99.250 resistance before we see any reactions.
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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.
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.