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tothetopcurt
May 14, 2023 2:32 PM

reversal for DXY Long

U.S. Dollar Currency IndexTVC

Description

SO on the weekly the DXY tapped into a supply and dropped which made it start to retrace back down. HOWEVER, on lower time frames the retracement showed weakness to the down side so a new demand was created and we have a new CHOCH (change of character) looks like more bullish pressure will continue on DXY back to the original supply. so we will be looking for sells on AUDUSD,GBPUSD,EURUSD for the next few weeks.
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