Having broken the recent swing low on the Daily will DXY continue to be drawn to liquidity on the down side to April 2018 Weekly Low/Swing Low? I do not usually take trades on a Monday but use it as a basis to map out the rest of the week's direction. I will be bearish on currencies come Tuesday 05 Jan 2021.
Comment:
You may have realised i said 'bearish' when i meant bullish...my mistake. After all how could i be bearish on currencies when im expecting the $ to dip below 89.223