The DXY haas been on a bullish run for 5 weeks non stop. Is it time for a little pull back?
The EJ is at an important point of resistance for a possible upward continuation for over 150 pips. Hopefully the bulls will take over after a week of retracement
We shared this trade yesterday when EJ got to the point of heavy resistance which has turned support for a massive entry to the upside. Congratulations to those who took the trade. Now we wait for the daily closure to figure out the next entry.
The DXY has been on a decent bullish run for the past few weeks which could be said to be a pullback before the next bearish run. A well detailed insight analysis for the DXY from me.