Yesterday we saw aggressive bullish DXY. This is 3th bullish day for USD. Today we expect to see some retracement down or at least consolidation
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
We are still looking for an opportunity to take long orders in XAU/USD (Gold) but we want to see a deeper retracement.
You can learn more in our A-FX Daily analysis video
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