The DXY (Dollar currency index recently reached its recent major supply zone (resistance).
Currently ranging within the zone, many traders have had much anticipation for its drop in previous minor zones.
This may be the right time for that pull back.
If the pullback does come, the weakness in the dollar will see USDXXX pairs tank and XXXUSD pairs push up.
Fingers crossed for GBPUSD
Currently ranging within the zone, many traders have had much anticipation for its drop in previous minor zones.
This may be the right time for that pull back.
If the pullback does come, the weakness in the dollar will see USDXXX pairs tank and XXXUSD pairs push up.
Fingers crossed for GBPUSD