Bigamore

Dxy looka ahead for this week

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CAPITALCOM:DXY   US Dollar Index
We’ve seen a lot bearish momentum from dxy and last week cpi did a good job pushing dxy further to the down side. But on Friday a coch where price mitigated a bullish orderblock in march 2022 and the 1hr created a bullish market shift afterwards. I waited for Monday before I could decide on a bias and it has been confirmed from my analysis that i should expect bullish dollars this week with target just below last week Monday’s low. Equal lows was created today so i want to see london session tomorrow do its usual fake breakout where it takes out the equal low AKA sell side liquidity (SSL) and tap into the fair value gap created on Friday before bullish move occurs.

Note: it’s not guaranteed its just my analysis

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