LParnell

DXY Daily Continuous Chart

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DXY Daily Continuous Chart

I suspected last week price would take out the old highs, reaching for the weekly BISI from Nov 22. my long term sentiment price range 108.00

I note Market Manipulation at 830 NY, giving us dramatic price action on Friday for the finish.

Taking out old sell stops, a noted equal lows, creating a new weekly low.

There was a gap in price created on Monday. My chart is busy, so I will note it later, to watch that area.

I suspect that we could see consolidation trend this week, before price desiring to deliver to the equilibrium for the weeks projection. I note that range of 105.770 to 106.00.

Because price is delivering to a discount I think it will seek higher prices.

WAR is a factor.
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