DXY D1 Bullish

2 באוג׳ 2021

Not having a clear cut trend in the past weeks of the dollar index, we see some choppy movement with lots of momentum. Given the previous day close of a bullish candle (Friday), we can clearly see on naked price that the bullish bar violated both the high and low of it previous bearish candle. In most cases I tend to take that as a reversal signal. I'm expecting a little accumulation around this region and on the downside before seeing our rally up for the week. My eyes are on #GBPUSD and #EURUSD sells for this week heading to NFP