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XeroAcademy
Feb 13, 2023 5:05 AM

US CPI news Tuesday 8:30am EST 

U.S. Dollar Currency IndexTVC

Description

US Dollar strength evident in DXY daily chart.

Still sideways inside Weekly Imbalance (blue box).

However, if DXY could break above the blue box, potential next draw on liquidity is the Daily Volume Imbalance upside.

US CPI news drop this Tuesday 8:30AM EST. So, expect prices to be held before the day comes.

As mentioned, DXY could experience short-term bullishness but I feel that long-term still bearish.

By Sifu Steve @ XeroAcademy
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