Pre-NFP Analysis - Technicals Align For A Bearish Dollar
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After an aggressive appreciation of the dollar, we see the DXY trading within the 1D 1-sided FVG and now within the 1D range EPD. While I'm positioning myself for a sell off, I'd be wear of further appreciation as a result of NFP volatility before the real move takes shape over the course of the month.
While I'm observing multiple scenario's on most pairs, my primary biases are as follows: EURUSD - SHORT GBPJPY - SHORT USDJPY - SHORT AUDUSD - SHORT (Wildcard)
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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.