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makuchaku
Sep 21, 2020 5:27 AM

DXY : 3 pockets of sell side liquidity ready to be raided! Short

US Dollar Index® FuturesICEUS

Description

There are 3 pockets of sell side liquidity right below us, which are ready to be raided!
Short term : ICEUS:DX1! will head lower in search of liquidity
Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided.

Also, lower DXY means higher S&P in the short term, lower in the long term.

Comment

This week it's going to be very volatile for DXY as Fed chair Powell has many public appearances - prnt.sc/ukw31s
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