Price have retraced back to 50% of its move which is a discount zone
The DXY is currently experiencing bullish momentum as investors gain confidence in equities, largely influenced by Donald Trump's business policies. From a technical perspective, however, the price has retraced significantly into a premium area while sweeping liquidity. This suggests that we might start to see some selling opportunities emerge. On this chart, the...
Price is approaching the 30mins orderblock while sweeping the relative equal highs above. Analysis is done based on the current price level of dxy at the premium sell zone