Yesterday we saw a Bullish DXY. We are still bullish until the market hit our resistance zone at 97.45.
Our important levels are:
- Expect Bullish move from Support Zone 1 -> 96.86
- Expect Bullish move from Support Zone 2 -> 96.53
- Expect Bullish move from Support Zone 3 -> 95.70
- Expect Bearish move from Resistance Zone 1 -> 97.45
- Expect Bearish move from Resistance Zone 2 -> 98.00
Yesterday XAU/USD consolidates and the price declined. We are still looking for an opportunity to take long orders but we want to see a deeper retracement.
You can learn more in our A-FX Daily analysis video
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