DXY long - Supply Demand - h4 - UPDATE

5 Mei 2020

Hello Traders!

Quick Update on the DXY. Price pushed down a little bit on the h4 Supply Zone before. Check out the last DXY Analysis. It was possible to grab some pips therefore on the GBPUSD because in that moment GBPUSD went up. Now DXY broke the Supply Zone and it formed a Demand Zone. We can expect it to go up to the Supply Zone.

So keep an eye on EURUSD, GBPUSD for the correlation.

What can we expect:
A push to the Supply Zone and afterwards a drop. If DXY will drop we can expect EURUSD, GBPUSD to go up.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.