Short

DXY Just Broke Structure on the Daily TF

Updated

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

Comment

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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