Hello my beauties.
It looks like DXY is forming a reaccumulation on a 4hr chart. I will wait for the price to retest the spring and if the test is successful, I will expect the price of the dollar index to jump above the trading range to provide us with a new multi-month high above the trading range.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
It looks like DXY is forming a reaccumulation on a 4hr chart. I will wait for the price to retest the spring and if the test is successful, I will expect the price of the dollar index to jump above the trading range to provide us with a new multi-month high above the trading range.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
