The DXY is currently sitting in a key daily order block zone, and starting to show some interesting signs.
While we still dont' have confirmation of a reversal, we are starting to put in some lower lows - what will be interesting is if we can break down and take out the last pivot low that put in the pivot high. ~ 102.77
A market structure break here to the downside would bode well for on risk assets. Especially into the FOMC meeting minutes release in the coming days.
Interesting!
While we still dont' have confirmation of a reversal, we are starting to put in some lower lows - what will be interesting is if we can break down and take out the last pivot low that put in the pivot high. ~ 102.77
A market structure break here to the downside would bode well for on risk assets. Especially into the FOMC meeting minutes release in the coming days.
Interesting!
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Nice little fake move to the upside here, love to see that. Still waiting for confirmation which would be a close under ~102.77.
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