USD INDEX (DXY)... Bias is BEARISH!
Bias is Bearish.
Price is still in a -FVG, though
it has almost filled it. But
until there is a candle close
on a daily basis, my bias will
remain bearish.
My view is the 5 days of
bullish PA is simply just
a retracement... an internal
move after a BOS.
The low resistance liquidity
run below the previous lows
can potentially draw price
lower.
There is a fair chance that
today's high will be swept
before it turns around.
Price is still in a -FVG, though
it has almost filled it. But
until there is a candle close
on a daily basis, my bias will
remain bearish.
My view is the 5 days of
bullish PA is simply just
a retracement... an internal
move after a BOS.
The low resistance liquidity
run below the previous lows
can potentially draw price
lower.
There is a fair chance that
today's high will be swept
before it turns around.
We'll see how NY Session goes.