– USDX has sold off large into the 12hr range discount area and filled an FVG.
– Swept 78.6 fibs.
– RSI was oversold.
– Strong bulldiv out of oversold area.
Getting some strong PA and looking to target highs at 103.
12 hr FVG above would be final target to be swept before some downside PA.
Risk assets like Bitcoin could see inverse correlation to a strong USD.
USDX Macro.
– USDX has sold off large into the 12hr range discount area and filled an FVG.
– Swept 78.6 fibs.
– RSI was oversold.
– Strong bulldiv out of oversold area.
Getting some strong PA and looking to target highs at 103.
12 hr FVG above would be final target to be swept before some downside PA.
Risk assets like Bitcoin could see inverse correlation to a strong USD.