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Babylon-
20 juil. 2020 11:37

DXY/USD In Harmony Short

USD/CADOANDA

Description

They've aligned, observe the dates rectified with a dashed line, and the one on the DXY image attached. The DXY was met with strong daily resistance at the 4 AM UK Time, During the Asia and other relatively low liquidity sessions (Such as Asia & Sydney). Previous to that there was an impulse of this pair to the upside during the Asia session with the DXY bouncing from support to the aforementioned resistance 4 hours prior to the Lonon opening and sentiment had changed. With the weakening of the USD dollar towards (Falling DXY) and resultant majors pairs, shorting the USD.
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