DXY is still hovering around resistance area here however the previous day candle was a strongly bullish one. My bias is still the same, I'll continue to buy USD on dips especially given how bullish DXY is looking. Although RSI is showing overbought levels, it could stay there for as long as this bullish run continues. A pullback to 94 area would be the first good chance to long USD with a tight SL. Furthermore, it seems like we're getting a bullish cross of the 50EMA and 200EMA on Daily.
Kommentera:
H4: Could see 50EMA already providing dynamic support twice
