DXY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are extremely bullish on USD still but we can see we are very over-extended.
Ideally, price action pulls back and forms a higher low closer to 97.250 for good structure.
Trade scenario 2: If we do not see a pullback we can expect price action to rally into 99.250 resistance before we see any reactions.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are extremely bullish on USD still but we can see we are very over-extended.
Ideally, price action pulls back and forms a higher low closer to 97.250 for good structure.
Trade scenario 2: If we do not see a pullback we can expect price action to rally into 99.250 resistance before we see any reactions.
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