Could you find a more volatile pair right now between DXY and Brexit?!
I favour longs on this retest of the daily support, especially with the minor bullish trend line to consider and the fact we have a perfectly lined up fib area.
As always we prepare for buys and sells, so sells we have below the support and retesting the 61.8% fib and longer term descending channel which would give us a very tasty 1:7 which is very doable with Brexit deadline inching closer.
We will send a signal out later this week should we take entry.
I favour longs on this retest of the daily support, especially with the minor bullish trend line to consider and the fact we have a perfectly lined up fib area.
As always we prepare for buys and sells, so sells we have below the support and retesting the 61.8% fib and longer term descending channel which would give us a very tasty 1:7 which is very doable with Brexit deadline inching closer.
We will send a signal out later this week should we take entry.