DXY pullback to 103.4
Updated
USD Index has shown a sell signal on the daily, it has shown a shift in market structure to the bearish on 1hr, and also performed a Break of Structure.
Currently, Price has shown a sharp rejection with a strong bullish candle which makes be believe Price is heading for the supply/resistance zone at 103.44 before the downtrend resumes.
I would advise looking out for buying opportunities up to 103.4 where I believe a rejection would kick in and Price would resume downtrend.
I would love to hear your thoughts 🤔, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Currently, Price has shown a sharp rejection with a strong bullish candle which makes be believe Price is heading for the supply/resistance zone at 103.44 before the downtrend resumes.
I would advise looking out for buying opportunities up to 103.4 where I believe a rejection would kick in and Price would resume downtrend.
I would love to hear your thoughts 🤔, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Note
Looking beautiful 😍💰💰💰💲🤑🤑🤑Trade closed: target reached
Target smashed...Follow me for more updates
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