DXY Just Broke Structure on the Daily TF
We are witnessing the first Break of Bullish Structure on the Daily TF since the dollar index started ascending earlier in January of 2022. Price created a mitigation block with an embedded fair value gap.
I'm Bearish on USD
I'm Bearish on USD
Note
Price is in Mitigation zone (MtG) and is moving towards the Daily fair value gap that has been created, once it takes those others, I expect further breakdown Remember to match your analysis with USD pairs & their respective structures before pushing the button
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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.