EURUSD
DXY
EURUSD
. The inverse of the Dollar index.
• High of the Bullish Monthly FVG is my draw on liquidity.
• Previous Bullish Daily FVG failed, and is now acting as an inversion level. Notice how Thursday and Friday's Daily Candle failed to close above the Brown box.
• On the 4H timeframe, there are other Sellside liquidity targets in close proximity than the Monthly FVG.
• If DXY hits its target before EURUSD does, I might not trade EU because I wouldn't want to get caught up where there's an SMT Divergence.