josephrich1

USD Index Analysis

Long
PEPPERSTONE:USDX   US Dollar Index
Check the chart for the Breakdown.
This is a bullish trend from july 2023, and a pull back began in october to jan 2024 and bullish trend began again @ P1 which is the first inside pull back. See P1

Bullish trend continue on march after a pull back that came to fill an opening gap though it broke structure for a bearish trend but because there was an opening gap that why it came to test and then continue back . see P2

Pull back started in mid april and get to the FVG and rally up to continue with a strong price action of a pin par at a FVG , indicating that the bullish trend is cntinueing again. Go to lower time fram and see a CHOP for a bullish and enter trade of buying usd against her pairs. see P#

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