Dollar Index - Is The Rally Sustainable?
103.541 is a point of interest which represents the daily buyside liquidity pool but with higher and higher resistance to the upside, a minor retracement is cooking.
It's bank holiday on Monday so I will not be expecting any huge movements during that day. Low volatility da
Followed up by 5 red folder days; CPI and claimant count change, 3 gold folders on Tuesday
Going into Wednesday with 1 red folder and 1 gold folder, CPI
Fire in the booth on Thursday with 8 red hot folders; EUR main financing rate and US retail sales being the major ones
Rounding off with Friday where there's only 1 red folder but 6 gold folders. Friday might be the day it catches traders with their shorts down....
It's bank holiday on Monday so I will not be expecting any huge movements during that day. Low volatility da
Followed up by 5 red folder days; CPI and claimant count change, 3 gold folders on Tuesday
Going into Wednesday with 1 red folder and 1 gold folder, CPI
Fire in the booth on Thursday with 8 red hot folders; EUR main financing rate and US retail sales being the major ones
Rounding off with Friday where there's only 1 red folder but 6 gold folders. Friday might be the day it catches traders with their shorts down....
Note
Note
Daily buyside achieved @ 103.546
Close to 13 consecutive days of bullish price action.
Note
Bearish Friday with no manipulation to the upside and only a couple of points manipulation to the downside.
However, the overall week has been bullish, attacking the CE of the higher timeframe FVG before a retracement occurred
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