There is a possibility for a correction on the dollar index, a butterfly harmonic pattern and a CP supply untested supply zone.
we will look for price action in these two upcoming weeks.
Note
If we expect this new variant COVID-19 to continue its effect on capital markets, then a continuation of RISK OFF sentiment will push USD up. I think even though the market is reacted to the area identified, we still think searching for buying opportunities will yield a higher probability trade.
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