I believe DXY will be Bearish because it has already filled in the price imbalance and now will be targeting the lows at 101.297. Lets continue to watch what price does over the next couple of days.
Comment:
-Quick update on DXY
-Price traded through both price imbalances and now will be heading towards the buyside liquidity
-Another option could be that price finds resistance @104.465 level of the imbalance high and then trade down to the 102.900 level to fill in the price imbalance.
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-Price traded through both price imbalances and now will be heading towards the buyside liquidity
-Another option could be that price finds resistance @104.465 level of the imbalance high and then trade down to the 102.900 level to fill in the price imbalance.