I don't think she's done retracing and she's already tested the 0.23 fib. This would cnfm my line of thinking that dxy might rally intraday. I'd play it safe and settle for a short to a target of 0.7780 (firm weekly support level).
But first I would gain a pulse of the market through the Asian session and looking for a good confluence of momentum via stochastic before entering via lower time frames.
Rhetoric could cause the dollar to tank blowing a hole in this idea. Risky play without due patience.
TRADE WHAT YOU SEE, Not what you think.
But first I would gain a pulse of the market through the Asian session and looking for a good confluence of momentum via stochastic before entering via lower time frames.
Rhetoric could cause the dollar to tank blowing a hole in this idea. Risky play without due patience.
TRADE WHAT YOU SEE, Not what you think.