DXY ANALYSIS Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER ,
As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI).
Looking at the chart there is a draw on liquidity I marked which is the LRLR/MONTHLY FVG , I expect price to fill the daily FVG/BISI in the MITIGATION BLOCK area, retest SUPPORT and rally up to seek the LRLR/MONTHLY FVG.
I'm expecting bullishness on the Dollar short term from my view.
Ictfvg
UPDATE ON GBPAUD Two scenarios are likely to happen
1. Sorry I did not take the FVG at the bottom into account. Price is going to fill the FVG at the bottom and then go strongly bullish
2. Price will go bullish and later come to fill since everyone is waiting for it to fill the gap so the Market Makers will manipulate price to get Sell side liquidity