Patrick2707

DXY - daily/weekly overview post CPI

TVC:DXY   U.S. Dollar Index
DXY currently retesting the lows and grabbing liquidity.

Expecting a clean push up from these levels as we reclaim the yellow box. IF we reclaim it we should see some nice expansion to the topside as we have been mentioning for the past weeks.

Anything below 102.515 and we might have to cut the shorts for now and re-assess.

FOR NOW plans remain unchanged and we are still expecting higher prices on DXY. HIGHER DXY = LOWER INDICES, CRYPTOS, STOCKS ETC

Looking for 104' s, 105's and eventually 106's.

Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice.
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