DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking Bullish on USD into this week. We can see price action is in a range on this 4hour timeframe between 93.800 & 94.400.
Currently it is likely price action will bounce off support around 93.800 and push higher.
Trade scenario 2: For us to consider DXY bearish we would need to see a break of 93.800 with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking Bullish on USD into this week. We can see price action is in a range on this 4hour timeframe between 93.800 & 94.400.
Currently it is likely price action will bounce off support around 93.800 and push higher.
Trade scenario 2: For us to consider DXY bearish we would need to see a break of 93.800 with a lower high below.