DXY (Dollar) - Technical Analysis
Weekly
Last candle traded to 0.5 wick of previous candle wick then closed below old H. SFP is formed. Looking for P to trade lower. P might some of last candle wick before trading lower.
Noting that we have New Year this week, so I would only trade today and wait for next week.
Daily
P has been consolidated around here, I'm expecting large P expansion coming soon. Two more days until the year close, I'm still leaning toward P trades to 0.2 - 0.3 range. I would love to see P takes out buyside first before trading lower.
H1
Not so sure, I need more intraday PA for more info
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