Using the DXY to find my Bias on EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Dec 22, 2020 3:06 PM

I found a bullish breaker on the DXY (Dollar Index) 4 Hour chart and then found support at an Order Block, giving the idea of a bullish dollar for the day. Hence, the dollar crosses should be bearish.

Trend Analysis

Comments

dougstivanelli000

⋅ Dec 22, 2020 3:43 PM

Have you checked the price on 1.2130s 20s it reached a couple times on 30 M and 1 hr chart? Thank you