Hello Traders,
DXY seems to be bullish overall, sweeping all the liquidity at 103.6 - 103.8 level and can come down to retest before making a move up again.
Or it can directly starts moving up after confirming a break above 104.5 level if FED delay Rate Cuts.
Worst case scenario can be if CORE CPI news came as expected and FED announce the rate cuts.
DXY seems to be bullish overall, sweeping all the liquidity at 103.6 - 103.8 level and can come down to retest before making a move up again.
Or it can directly starts moving up after confirming a break above 104.5 level if FED delay Rate Cuts.
Worst case scenario can be if CORE CPI news came as expected and FED announce the rate cuts.