🇺🇸DXY D1
Lots of consolidation seen on the dollar index over the last couple of weeks, and we don’t really have any true indication of where we want to direct. The daily trend is still active and pointing to the downside, I’d just like a little more confirmation that we are seeing bearish control again.
The targets on this basis would be 100.00 as previously marked and displayed. Failing that, a breakout upside could change our bias here. Lets see what unfolds, I don’t doubt we will see another consolidated D1 candle today due to holidays.
Lots of consolidation seen on the dollar index over the last couple of weeks, and we don’t really have any true indication of where we want to direct. The daily trend is still active and pointing to the downside, I’d just like a little more confirmation that we are seeing bearish control again.
The targets on this basis would be 100.00 as previously marked and displayed. Failing that, a breakout upside could change our bias here. Lets see what unfolds, I don’t doubt we will see another consolidated D1 candle today due to holidays.
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Website - stan.store/TradeSimpleFX
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e-Mail: info@tradesimplefx.com