DXY has found support at 93.6 area with a nice bounce from here, we have lower BB in daily as support as well and MACD H4 well oriented.
Another case of intraday trade, i would think prices have potential to go higher into the 94.4$ resistance.
We could try a small line long here and see if price confirm the first impulse from this morning. SL under last week low and TP on resistance level.
To be check and confirm at the end of the day to see if the trade can be kept open or not.
Another case of intraday trade, i would think prices have potential to go higher into the 94.4$ resistance.
We could try a small line long here and see if price confirm the first impulse from this morning. SL under last week low and TP on resistance level.
To be check and confirm at the end of the day to see if the trade can be kept open or not.
Note
Getting out of this at 93.86, we might continue to go higher but i was expecting a stronger bounce that didn't happen. If it go back to support area then it could be interesting to go for another long.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.