DXY forms a rising triangle expected movement for dollar is to either breakout up and retest.
AUDUSD crossed above trendline and failed to break market structure of previous week high. Market is going to go down and pick up liquidity at previous high (OTE OR EQUILIBRIUM).
SO i expect price to hit the resistance trendline forming a turtule soup then retracing back up to fill in the liquidity void and clear out old highs
LONG POSITION ON AUDUSD
An analysis of EurUsd on 1hour timeframe