DXY is potentially reversing. This informs our bullish outlook on XXXUSD pairs.
The OTE area lines up with a balanced price range. We should expect a reversal here if price trades back into it
However if price trades aggressively through it and closes below, we can anticipate further dollar weakness.
relevant levels of interest are annotated.
The OTE area lines up with a balanced price range. We should expect a reversal here if price trades back into it
However if price trades aggressively through it and closes below, we can anticipate further dollar weakness.
relevant levels of interest are annotated.
Comment:
Typo in initial post: *this informs our BEARISH outlook on XXXUSD pairs**
Let the algo show you its hand.