Will the dollar correct higher or is the correction done and we're about to sell off aggressively?
I'm more in favor of the former which would correlate structurally with the daily pullbacks we're seeing on EurUsd and AudUsd, which have formed 1H ranges respectively and are pending EPD mitigation for a sell off.
After missed trades on Yen pairs today, I'll be looking for consolidation over Asian session before a continuation of the bearish momentum during London or New York session tomorrow (10/09/2024).
I'm more in favor of the former which would correlate structurally with the daily pullbacks we're seeing on EurUsd and AudUsd, which have formed 1H ranges respectively and are pending EPD mitigation for a sell off.
After missed trades on Yen pairs today, I'll be looking for consolidation over Asian session before a continuation of the bearish momentum during London or New York session tomorrow (10/09/2024).
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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.