DXY BEARISH OUTLOOK - A weaker USD

31 Mar 2022

DXY

Price creates a supply chain as a result of the last bearish impulse that broke the bullish market structure. Also, notice how price creates a fair value gap- leaving an imbalance at the last impulsive move to the downside.
We now expect price to make a return into the last area of supply before the bearish impulse that broke market structure.