DXY TUESDAY UPDATE
So far the DXY traded above the previous yellow line that I had marked up in the analysis that is connected to this analysis. It retraced into the weekly price (red line) but didn't trade above it so im still bearish on the Dollar. As of now I would like to see the market retrace into this order block and continue bearish to take out the low that was formed yesterday. If it doesn't and takes out the low look for retracements in the dollar then go long on xxx/usd pairs!
I try to provide as much value as I can per trade idea
Related publications
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.