DXY closing the yearly candle with bullish intent
We await to see what the DXY wants to do.
Will it respect the bearish array and seek to complete it's sellside rebalance?
Or will it seek further buyside clearing of old inefficient range above from the yearly chart?
I believe the new year candle will seek the high of the current candle closing. We will have some time to see this play out.
Will it respect the bearish array and seek to complete it's sellside rebalance?
Or will it seek further buyside clearing of old inefficient range above from the yearly chart?
I believe the new year candle will seek the high of the current candle closing. We will have some time to see this play out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.