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Vee3
Jul 31, 2022 7:09 AM

DXY SHORTS Short

U.S. Dollar Currency IndexTVC

Description

In the US dollar index we can see that price is in a retracement leg, and it is in the 50% retracement level of the fib. Price is trading into the daily timeframe imbalance, in the coming weeks we can see price completely balancing the daily timeframe imbalance which will take it to a discount region.
On the 4H timeframe we can see a stop run, taking busyside liquidity and rebalancing an imbalance to go lower.
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