DXY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Super bullish here on DXY but we’re seeing some reaction around the 96.300 area. One problem is that we have not seen structure form yet and we’re due for a bit of a pullback.
Ideally we see structure form followed by strong bullish setups.
Trade scenario 2: Short term bearish outlook on DXY, we could see a fall to support near 94.500 area.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Super bullish here on DXY but we’re seeing some reaction around the 96.300 area. One problem is that we have not seen structure form yet and we’re due for a bit of a pullback.
Ideally we see structure form followed by strong bullish setups.
Trade scenario 2: Short term bearish outlook on DXY, we could see a fall to support near 94.500 area.
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