DXY: The 0.618RET and Supply Zone
Updated
The market rose after FOMC's Interest rate decision and it is pulling back now.
The 0.618RET of previous rise is at 96.9 levels which is also a good support zone.
Meanwhile good Supply Zone works at 96.8-96.9 levels.
So it is good to buy at 96.8-96.9 levels when the price action gives signals in the PRZ.
SL: below 96.8
TP1: 97.4
TP2: 97.8
TP3: 98.8 and further more
The 0.618RET of previous rise is at 96.9 levels which is also a good support zone.
Meanwhile good Supply Zone works at 96.8-96.9 levels.
So it is good to buy at 96.8-96.9 levels when the price action gives signals in the PRZ.
SL: below 96.8
TP1: 97.4
TP2: 97.8
TP3: 98.8 and further more
Order cancelled
No signal is given in the PRZ.
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