Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER ,
As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI).
Looking at the chart there is a draw on liquidity I marked...
As you can see in the us dollar(DXY), price raided the daily equal highs(RETAIL RESISTANCE TURNED SUPPORT) and formed a MITIGATION BLOCK leaving a daily fvg(BISI)below
I expect price to react off the fvg and reach for the daily LRLR/MONTHLY FVG
IN CONCLUSION I AM EXPECTING BULLISHNESS ON THE DOLLAR
