DXY has broken out of its range and currently heading towards the 108's.
From a HTF perspective we are still trading within a range. Nothing new...nothing shinier we are still within the same previous HTF range.
IF we hold these current levels we should expect a higher DXY and lower indices, crypto and stocks.
IF we fail to hold these current highs expect DXY to retrace and higher indices, crypto and stocks.
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.
From a HTF perspective we are still trading within a range. Nothing new...nothing shinier we are still within the same previous HTF range.
IF we hold these current levels we should expect a higher DXY and lower indices, crypto and stocks.
IF we fail to hold these current highs expect DXY to retrace and higher indices, crypto and stocks.
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.
