Long

Monthly support on the DXY?

Updated

Lot of tension going back and forth - zooming out for a 40,000ft view, are we setting up for a nasty DXY spike up?

Looking to go long USD pairs.

Note

First test - can we punch above 89.71 (S3)?

So far, so good... NZDUSD has puked, USDCAD is lagging a bit, so's USDCHF which I was expecting to be my lead indicator. All eyes on the data this week for sure.

Note

Twice failed to punch above 89.71... now a 50% test... do or die on the dump.

Note

Headed back for a retest of 88.46... time for minor low, will watch idea for now.

Note

NFP has come and gone... but on the 4hr it still looks like a lower high. I'm still biased to USD strength, but really want to see either a breakout & pullback, or go make a new minor low then start loading up.

Trade active

Happy with the failure to punch through 88.50 - loading up on USD longs (USDCAD favoured)

failathon

Also on:

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.