After seeing a big close on the weekly, I'm not seeing this too much as likely to push above the first target area, in the past week have seen, strong weekly closes, consolidation before falling back down again.
Currently seeing a larger expanding formation, which either way is inline for a sell-off. With that being said there is still a possibility for a retest of larger tops and previous highs.
Got a few USD pairs on the cards next week, so will be seeing how the DXY plays out.
I think from now on, every week I'm going to do a short DXY breakdown, hopefully people find value from it?
Currently seeing a larger expanding formation, which either way is inline for a sell-off. With that being said there is still a possibility for a retest of larger tops and previous highs.
Got a few USD pairs on the cards next week, so will be seeing how the DXY plays out.
I think from now on, every week I'm going to do a short DXY breakdown, hopefully people find value from it?