The Dollar Index Is still showing bullish signs and still has potential to push higher.
Price action has been testing and respecting the Prize Zone at the weekly Level of $95.00
There is some Divergence on the MACD and also looking at the 4hr TF there are also indications that we could see a reversal from this area.
I will be looking at potential Short opportunities on the EURUSD and GBPUSD.
On the USDJPY I will be looking at Long positions.
Price action has been testing and respecting the Prize Zone at the weekly Level of $95.00
There is some Divergence on the MACD and also looking at the 4hr TF there are also indications that we could see a reversal from this area.
I will be looking at potential Short opportunities on the EURUSD and GBPUSD.
On the USDJPY I will be looking at Long positions.