New_Levels

A BEARISH DOLLAR

Short
TVC:DXY   U.S. Dollar Currency Index
PRICE HAS BEEN ACCUMULATING FOR THE PAST 3 MONTHS, IN AN AREA WHERE ON THE HIGHER TIME FRAMES, LEFT AN IMBALANCE IN PRICE. BELOW THIS AREA OF IMBALANCE WE STILL HAVE MORE PRICE INEFFICIENCY IN THE 80'S PRICE RANGE. PRICE DID IT'S THING AND HAS TRAPPED BREAKOUT TRADERS AND NOW, THE EXPECTATION IS TO SEE PRICE MOVE LOWER TO FILL SOME OF THE INEFFICIENCY BELOW. PROJECTING PRICE TO GET TO AT LEAST 85.50

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