US DOLLAR INDEX ( DXY, USD ) Weekly Outlook.... BULLISH!

Updated
DXY is respecting bullish FVGs, at least in the near term. I'll be looking for:
Sell setups in EURUSD, GBPUSD, NZDUSD, AUDUSD.
Buy setups in USDCAD, USDCHF.
Comment
snapshot
Price has pushed higher, as expected.
It reached the -FVG, without a significant pullback.
Now what?
We watch for the reaction to this poi. As I mentioned in the analysis, if price continues to make its way higher.... disrespecting bearish PD Arrays, then we maintain a bullish bias. If the reaction is sharp, we wait until the bullish FVGs are disrespected before considering a change in our bias.

Did you take sells in the xxxUSD pairs? Buys in the USDxxx pairs??
DXYfvgictrtmoneysmartmoneyconceptsSupply and DemandtopdownanaylisisTrend AnalysisUSDusdindexDJ FXCM Index

Also on:

Related publications

Disclaimer