DXY - 05Jan2022
Both US ISM Manufacturing PMI and job data disappoint estimates yesterday. If ADP NFP figures disappoint tonight, we might see a sell-off on DXY.
On the H4 time frame, price faced pressure at 1st Resistance 96.450 which was also the previous breakdown area. If ADP NFP figures are not up to expectation tonight, we might see DXY pullback lower.
This is for personal record purposes only, not financial advise or solicitation of trade.
Both US ISM Manufacturing PMI and job data disappoint estimates yesterday. If ADP NFP figures disappoint tonight, we might see a sell-off on DXY.
On the H4 time frame, price faced pressure at 1st Resistance 96.450 which was also the previous breakdown area. If ADP NFP figures are not up to expectation tonight, we might see DXY pullback lower.
This is for personal record purposes only, not financial advise or solicitation of trade.