Description
⋅ DXY HAS BROKEN THE DAILY UPTRENDLINE AND IS NOW MOVING DOWN IN A CORRECTIVE MOVE.
Trade active
⋅ Price has broken previous double-bottom support and hit TP1. It has now retraced back up to the broken support and is using it as resistance.
Comment
⋅ Lower Low and Lower High. Looking for a high price to sell again to TP2.
Comment
⋅ PULL BACK UP TO 97.50 MAJOR RESISTANCE ON DE-ESCALATED TENSIONS VS IRAN IN THE NEAR TERM. USING THIS TO ADD A SELL ENTRY OR TRADE USD WEAK PAIRS.