Analysing DXY the current daily candle is anticipated to be a consolidation 3rd candle. Although the retracement off the daily Fair Value Gap on USD/CAD looks like the last bearish argument to be removed, I don't expect follow through today.
Rather wait for a 3rd candle on DXY and trade lower from the new Fair Value Gap.
Rather wait for a 3rd candle on DXY and trade lower from the new Fair Value Gap.
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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.