Therefore, we MUST take structure into account when identifying RSI divergences.
09:30 US USD Continuing Jobless Claims (Jul 10) 1 2.225M 2.215M
09:30 CA CAD Retail Sales ex Autos (MoM) (May) 1 0.8% -0.6%
09:30 CA CAD Retail Sales (MoM) (May)
This will give us our short.
As for the dollar index, I do. But I don't think it'll affect all dollar pairs the same. They have their own timing.
I see 3 categories:
-gold correlated (nzdusd/audusd)
-crude correlated (gbpusd, usdchf, usdcad, eurusd)
-SPX correlated (usdjpy)
So they more or less do their own thing.
I think the dollar index will correct sharply now, it's a matter of time.