Hello Traders!
We can see that the dollar index was in a consolidation last week.
This week we can see dollar run into a premium above Sunday's Opening Price.
Currently Monday holds the high of the week.
Today Tuesdays daily range broke the daily low formed on monday and not its high.
Are we seeking a selling opportunity Wednesday? Preferably. Failed to break pervious daily high but we were successful in breaking the pervious daily low,
Still have that 4h breaker that I am eyeing. We do not have to trade back to it but I looking at it as a opportunity commercials would sell again.
We can see that the dollar index was in a consolidation last week.
This week we can see dollar run into a premium above Sunday's Opening Price.
Currently Monday holds the high of the week.
Today Tuesdays daily range broke the daily low formed on monday and not its high.
Are we seeking a selling opportunity Wednesday? Preferably. Failed to break pervious daily high but we were successful in breaking the pervious daily low,
Still have that 4h breaker that I am eyeing. We do not have to trade back to it but I looking at it as a opportunity commercials would sell again.
