DXY_2023-07-11_14-46-39.png

DXY is currently in the middle of this range and we also have an indecisive candle. At this moment we want to see some proof that it wants to go higher or lower.

When the markets are not one sided its not easy to determine where are they reaching for. In times like it’s better to sit still and wait. Don’t try to impose your will.

DXY_2023-07-11_14-53-55.png

DXY_2023-07-11_15-07-11.png

 The move from Discount to Premium provided an environment for shorts in EUR and GBP. 
  The way the bodies closed outside of the FVG coupled with 4th July holiday tells us to look for setups in the 2nd part of the week.