DXY - Ranges overview

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We got the CPI numbers and the DXY is currently retracing back towards the lows.

IF we break back within the range and get a clean close expect further prices to the downside.
This will lead to higher prices on indices, crypto etc...

IF we fail to break the lows from here expect us to retrace back towards the highs.
This will lead to lower prices on indices, crypto etc...

No need to front run the market...the NY open is coming soon so let's get ready for another great trading day.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.

Penafian

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