DXY is exhausted momentally
This week we might see slight pullback from the purple support zone I marked on the chart(around 99.00 and 98.80)
Those zones are buy signals and it can go to the next monthly resistance around 99.78 before thursday
In the next days we having consumer prices (news) which are mostly positive( we people always consume and also during corona times)
But i would look out on thursday because we have the jobless claims. so take your profit and go in dependant on the news.
On friday we have the GDP news from Europe which is also interesting to watch what will happen(in my opinion negative news so selling EURUSD)
From now on it only can be better, bcause countries are opening back from the lockdown in europe.
Take your risk reward and have a nice week
Those zones are buy signals and it can go to the next monthly resistance around 99.78 before thursday
In the next days we having consumer prices (news) which are mostly positive( we people always consume and also during corona times)
But i would look out on thursday because we have the jobless claims. so take your profit and go in dependant on the news.
On friday we have the GDP news from Europe which is also interesting to watch what will happen(in my opinion negative news so selling EURUSD)
From now on it only can be better, bcause countries are opening back from the lockdown in europe.
Take your risk reward and have a nice week
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