DXY Neutral Idea
USD on higher time-frames has been primarily bullish
But current price action seems to be having trouble breaking the 98.40 area (blue line)
We could see USD push back down to test broken structure at 98.00 before showing us any conviction as to where price will head next
We’re seeing a lot of exhaustion from both the buyers and sellers in this range so we will have to look for strong setups and wait for a break of this range
USD on higher time-frames has been primarily bullish
But current price action seems to be having trouble breaking the 98.40 area (blue line)
We could see USD push back down to test broken structure at 98.00 before showing us any conviction as to where price will head next
We’re seeing a lot of exhaustion from both the buyers and sellers in this range so we will have to look for strong setups and wait for a break of this range