DXY D1 - Long term DXY Bull trend.
DXY D1
Still working from these higher timeframes, the trends are very evident, we can't help but notice the higher structure HL's/HH's.
We have a sequence of earnings figures for US stocks and this has a knock on effect with the DXY and XAU. Fuelled by FED rate and FOMC comments... We have seen dollar pullback.
However, things data points and risk headlines are still in the backing of a USD dollar, and even with these corrections seen not directly correlating with data release... We are still holding structure. If 105.000 breaks, this could be the pivot.
Still working from these higher timeframes, the trends are very evident, we can't help but notice the higher structure HL's/HH's.
We have a sequence of earnings figures for US stocks and this has a knock on effect with the DXY and XAU. Fuelled by FED rate and FOMC comments... We have seen dollar pullback.
However, things data points and risk headlines are still in the backing of a USD dollar, and even with these corrections seen not directly correlating with data release... We are still holding structure. If 105.000 breaks, this could be the pivot.
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FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
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