chartmaster1991

Dollar is bearish

Short
CAPITALCOM:DXY   US Dollar Index
I believe dxy is gonna finally break out of this boring range and go for sell side liquidity this week!

Daily swing is clearly bearish and we have retested the perfect OTE Fibonacci retracement of the latest swing leg. Just ready to go lower!

I expect a bit of pullback higher into that daily volume imbalance and then tank!

We can look for longs on #eurusd and #gbpusd and #indices!
Comment:
First leg done! Lets see if the second leg also follows the plan after the #cpi release tomorrow!

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