TVC:DXY   U.S. Dollar Index

From a Higher TF perspective the market has just cleared the Buy side liquidity above the monthly range high and is over extended to the upside from an intraday perspective, I have an overall bullish Bias on USD however we are due a retracement wave.

From the LTF perspective we can identify price has swept the highs of the 30min accumulation followed by a LDN session manipulation move above Asia high. Now the market should start to target the Sell side liquidity below. Monitoring 30min FVG for potential downside moves on the USD.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.