The dollar’s been sliding for months, but we finally saw the range lows taken out after the FOMC spike, and that sets up the next move.
Here’s how I’m reading it:
Rotation lower is still the logical path unless politics or surprise news change the game.
On the DXY chart, I’m watching for a heavy-volume node to act as a target for a short-term pullback higher.
For cross-pairs, that means I’ll look for short setups while using the recent bullish dollar lows as day-to-day reference points.
Key level to watch: around 98.7, where heavy bearish order-flow has been building.
If the market keeps moving, it’s a straightforward trade plan: stay positive, take intraday signals, and let the bigger down-cycle play out.
Here’s how I’m reading it:
Rotation lower is still the logical path unless politics or surprise news change the game.
On the DXY chart, I’m watching for a heavy-volume node to act as a target for a short-term pullback higher.
For cross-pairs, that means I’ll look for short setups while using the recent bullish dollar lows as day-to-day reference points.
Key level to watch: around 98.7, where heavy bearish order-flow has been building.
If the market keeps moving, it’s a straightforward trade plan: stay positive, take intraday signals, and let the bigger down-cycle play out.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
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.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
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.