DXY FORECAST

26 Şub 2024

MARKET PHASE

• DXY is in a weekly uptrend with a daily timeframe corrective structure taking place.
  

AREA OF VALUE

• We can expect a buildup of liquidity (sell stops, shorts, stop losses) below the Feb 20, 2024 daily swing low. On the 4H timeframe, we are already seeing buying pressure taking place below the Feb 20, 2024 daily swing low.
  

TRADE

• Wait for a violent break and close above the Feb 21, 2024 daily swing high and a pullback into the liquidity zone before going long.
  

4 Mar 2024

Not

Price has not broken above 104.21 and has been ranging since the break below 103.797 on Feb 21. NO TRADE