DXY: Pullback or Breakout
The price is near it's strong support zone i.e. 91.65 - 91.50.
Keeping upcoming news in sight, we will have a decisive action in this area. In view of volume and orderflow, it seems like DXY will rebound from this level. Stop can be placed slightly below 91.50. However, there's no trade through pending order rather we need to observe the volume and price behaviour to decide entry.
Keeping upcoming news in sight, we will have a decisive action in this area. In view of volume and orderflow, it seems like DXY will rebound from this level. Stop can be placed slightly below 91.50. However, there's no trade through pending order rather we need to observe the volume and price behaviour to decide entry.
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