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$DXY Weekly Overview

Atualizado

- We're still playing the Monthly Bearish Context from the FVG, There's been no Bullishness on the daily timeframe, just struggling Bearishness (No Daily FVG's)

-This week price pulled back into the Daily Breaker/Fair Value Area. Initial mitigation gave a good rejection, However no 4H FVG yet

- After Daily Swing High was swept on Friday, 4H Showing Reversal Pattern to the downside. We may see Bearish orderflow initiated.

- Targets:

1. Daily Swing Low. 103.609

2. Weekly Swing Low, 103.434

3. Previous Months Low, 102.901

Nota

-Tuesday 5 March,
Dollar struggling to trade lower, Price Previous Days High or the 4H FVG to continue lower from.

Dollar volatility depending heavily on economic data, especially rate cuts outlook from the FED. Still Bearish On the Dollar

Phronesis_Flow

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