Break upside 1780; buy
Break under 1765: sell to ~1700
Dxy has been rising:
On the week of the 12 April 2021 made an attempt to break upside 1780 on a considering bullish volume and it failed.
Then price showed signs of absorption of demand and power of supply the following weeks.
Then on the week of the 19 April price showed an important absorption of demand at the touch of 1790 after trying to made a move upward, then the week of 26 April 21, price showed absorption of supply at the retest of 1765 failing again to break upside the level. This week candle is presently showing absorption of demand at the touch of 1790
Break under 1765: sell to ~1700
Dxy has been rising:
On the week of the 12 April 2021 made an attempt to break upside 1780 on a considering bullish volume and it failed.
Then price showed signs of absorption of demand and power of supply the following weeks.
Then on the week of the 19 April price showed an important absorption of demand at the touch of 1790 after trying to made a move upward, then the week of 26 April 21, price showed absorption of supply at the retest of 1765 failing again to break upside the level. This week candle is presently showing absorption of demand at the touch of 1790