long positions on DXY

22 Mar 2023

looking at the DXY on the daily timeframe , the market is recently trending within a consolidation phase, we will look for a potential reduction in price to retest the recently formed 1hr/4hr demand zone , we will be looking to take long positions upon the retest of the demand zones , pushing the price to the upside, a break below the recently formed daily swing low will result in a bit of a deeper retracement before the continuation of the rally