BEARISH DOLLAR INDEX
The dollar index continues to seek lower prices and remains bearish with the Monthly BISI looking to be the next draw in liquidity after purging sellside liquidity.
The previous week saw a break of market structure to the downside below 102.944 leaving a clean SIBI that we are seeing a sharp reaction from. Going into Newyork session, Price already broke structure below 101.937 and its healthy to see price pull back into the range of London before continuing to seek sellside liquidity but we remain Bearish till we are not.
Bear in mind there's fundamental releases scheduled on PPI and Core retail sales in 15 mins.
DISCLAIMER
THIS IS NOT A TRADE OR INVESTMENT ADVISE.
The previous week saw a break of market structure to the downside below 102.944 leaving a clean SIBI that we are seeing a sharp reaction from. Going into Newyork session, Price already broke structure below 101.937 and its healthy to see price pull back into the range of London before continuing to seek sellside liquidity but we remain Bearish till we are not.
Bear in mind there's fundamental releases scheduled on PPI and Core retail sales in 15 mins.
DISCLAIMER
THIS IS NOT A TRADE OR INVESTMENT ADVISE.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.