OkayTrev

DXY ~ EURUSD CONFLUENCE

TVC:DXY   U.S. Dollar Index
8/11 Market outlook over the DXY compared with the EURUSD

  • The DXY is showing Bullish interest as we continue further into the month. Giving a Bullish Harmonic Pattern indicating price is trying to reverse. EURUSD printed a Bearish Harmonic Pattern last week dropping 150+ pips! Price recently broke to the upside out of a Ascending Channel. We will remain patient and lets price come to us with quality setups. QUALITY OVER QUANTITY!

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~T$

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