USDX has been on an absolute tear this past month!
Looking for the dollar to draw to the high at 104.680 and possibly even 105.400 in the longer term.
USD pairs are great to trade when the USDX is trading in a clear trend.
USDCAD
– H4 we have a strong uptrend on the USD
– H4 looking to close strong with a sweep of range lows
– H1 strong displacement and a market structure shift
– RSI has a bull div ideally like to see these in the oversold region
Looking for a pullback into the discount of the range to fill the price imbalance.
If price continues to push strong through in asia i may consider a position at the 30min breaker block.
USDX has been on an absolute tear this past month!
Looking for the dollar to draw to the high at 104.680 and possibly even 105.400 in the longer term.
USD pairs are great to trade when the USDX is trading in a clear trend.
USDCAD
– H4 we have a strong uptrend on the USD
– H4 looking to close strong with a sweep of range lows
– H1 strong displacement and a market structure shift
– RSI has a bull div ideally like to see these in the oversold region
Looking for a pullback into the discount of the range to fill the price imbalance.
If price continues to push strong through in asia i may consider a position at the 30min breaker block.