DXY - High Probability USD Setups This Week

22 พ.ค. 2021

Recently we had a break out of the descending wedge after getting a higher low. The breakout failed to break a significant level (94.6) level which is why this was a corrective break set up. As it was a corrective break, we saw a deeper complex correction.

Deeper correction:
Price is currently testing the higher significant low (indicated on the chart), which previously gave us a break out of the major descending wedge . We look to be in a smaller descending wedge now where price is being squeezed and looking like it will breakout soon.

As we're anticipating USD strength, we will be looking to short XXXUSD pairs.

I will be posting the best USD set ups below. Do like and comment to show your support!

22 พ.ค. 2021

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EURUSD:

23 พ.ค. 2021

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GBPUSD:

23 พ.ค. 2021

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NZDUSD:

23 พ.ค. 2021

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AUDUSD: