DXY Bullish Bias still in tact

Dollar held the trend well after the NFP
except for some knee-jerk reaction
from retail players jumping in on the
trade the moment news came out.

The news was fairly mixed in my opinion as
previous data was revised higher and the unemployment
DXY DXY rate was lower which are good for both dollar expect for the numbers last night.

We'll see how asia will digest the numbers nest week.

Kommentera:

zooming out of the chart to Daily Time Frame kindly also note that the upside might be limited.

we are approaching the daily upper part of the channel and also a possible resistance from the previous high.

Order avbruten:

updated notes here