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J_Ngatia
Jul 15, 2022 7:48 AM

DXY Pullbacks to Support? Short

U.S. Dollar Currency IndexTVC

Description

Price Technicals Ahead ⚖️

DXY

Price action has been choppy in between Wednesday and Thursday.


CPI data that came out on wednesday affected price action choppy around 107.50 & 108.50

dollar bulls are in heavy, however likely pullbacks are still eminent around zone 107.50 or alternatively 107.00.


During yesterdays NY session we saw Bears trying to get into the markets for possible pullbacks.


Anything is likely to happen in the markets in this times of uncertainty.

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