Simple supply zone read, USD is not done yet, terminal rate is still going to be higher, expect rangebound trading until end of Q3.
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Interesting SL hunts? DXY looks like it's about to rally, Michigan numbers I believe will make either DXY sky rocket or plummet, expecting high amount of volatility.
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Playing out perfectly, unfortunately due to thin liquidity today, we may not see a bigger move than this.
Expect a slow grind to the 103 region
Expect a slow grind to the 103 region
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Current slowdown due to repositioning as the market is in full swing, expect volatility on the way up and down today, since there are no major news coming out, I expect DXY to stay in range between 102.2 - 102.5
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Beautiful bounce to the supply zone, US PMI will either crash the dollar or make it rally into the weekend