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liampa
Sep 22, 2018 10:58 AM

dxy thoughts 

U.S. Dollar Currency IndexTVC

Description

Currently inside a range, waiting for a either a bounce back towards the top of the range followed by a breakout and retest to enter long or if we break below switch my bias to short. Stops will be resting around 95.75 so a break of that area and we could see a quick climb towards and past 97. Observing how price reacts with pivot zones i have marked out; the daily couldn't close above the pivot so come next week will be interesting to see if the momentum is there to break to the upside of the range or a drop below the range and retesting 93.10.
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