DXY to 91.5 ++
Updated
DXY interaction with point where end of month orders were placed giving the indication of a clean bull run inbound. Numbers are London / New York session crossover points. Initial order at range DXY lows, following order reaching just below the initial order only at that time, then a clean back to the upside, retrace, final retrace order respecting the initial order. This is reflected on the pairs with massive activity seen even in the initial order, the following activity just confirms that the first order is valid in my eyes. Clean break with retrace for order points to the next step left is a clean run, price has broken from where bullish orders were placed and pulled back for another bullish order but staying above the initial order, next step is to see a lot of space put between price and those orders.
Note
** I mean the final retrace order respecting the initial order + second order.Note
as long as dxy stays above both the first 2 London / New York cross orders points this is valid.Note
i still stand by my analysis, unexpected manipulation below established order point to 26th Jan order point, but a decent manipulation followed with a major rejection is a good sign this is all pointing to a large run inbound. Should of guided this off the news calendar too, major impact USD tomorrow, I'd say that's when this run is scheduled to start.Note
analysisplaying out
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.