It has been a lousy week so far due to the movements with the DXY. At one point the dollar seemed to be gaining strength but that strength gain was short lived. The dollar then began to consolidate giving the Market Makers the opportunity to collect as much contracts as possible to confuse retail traders as usual.
Finally a break has taken place indicating where the price will push next. The bigger time frames are very much bearish so it will not be a surprise if the dollar pushes down with a lot of momentum. Since there is a break of structure, it is important to wait for that pull back before taking a sell. Remember DXY is the father of all the major pairs so whatever it does take note of it as it will affect the major pairs negatively and some positively providing us several opportunities.
Finally a break has taken place indicating where the price will push next. The bigger time frames are very much bearish so it will not be a surprise if the dollar pushes down with a lot of momentum. Since there is a break of structure, it is important to wait for that pull back before taking a sell. Remember DXY is the father of all the major pairs so whatever it does take note of it as it will affect the major pairs negatively and some positively providing us several opportunities.