DXY -Neutral until we break 95.08 Level

US Dollar index might need a quick bounce to the 95.80 area before continuing the Downtrend . If it holds the 95.08 Level then we will head to 95.80 Area for a bounce before collapsing. If we don't hold then we will chase the next Support level in 94.74 Area

In this case EURUSD will head towards 1.1600s if we break the 95.08 Level on DXY ( US Dollar Index)

NOTE: watch out for the bounce on DXY , the 4-hour charts RSI & CCI seem oversold .

Komentar:

We are Sniffing 94.98 Level on DXY and EURUSD is chewing the orders at 1.1615 .

Komentar:

Ok get ready to pull the trigger. On a quick short on EURUSD for some 20 pips before we enter another BUY on EURUSD

quick SELL:

Entry 1.1615
Exit : Anywhere 1.1575 to 1.1585

Then If that succeeds

Enter BUY below 1.1575 for an Uptrend towards 1.1700s