DXY,Broke a key consolidation area the Bulls and the Bears we indecesion We have to give credit to the Bulls as they broke a H4 range of between 101,623(Support) and 102,228(Resistance Area) and Price Broke above the D1 Resistance Trendline. indicating a possible shift in structure.From a Bearish to Bullish.
A Possible Long Entries on USD Pairs May be taken from the retest of the H4 Support Area 102,228.
Fundamentally We Got a very Strong CPI Numbers ,Which might delay rate cuts that are highly anticipated by the Market on the March FOMC.
A Possible Long Entries on USD Pairs May be taken from the retest of the H4 Support Area 102,228.
Fundamentally We Got a very Strong CPI Numbers ,Which might delay rate cuts that are highly anticipated by the Market on the March FOMC.