NFP brought a few days of consolidation and quite a few liquidities run if we take a closer look on 4h or 1h charts for the US Dollar. With the news not pushing the Index in any direction, we are not changing the bias either. Current highs being attacked and pushed through makes our target of 95.00 very close and reachable within a period of few weeks. What does it mean for us traders? Continuation to the downside for foreign currency pairs such as EurUsd, GbpUsd, UsdCad and etc.
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Entered Sell Limits on two currency pairs according to the DXY analysis