DXY M15, expected Break of support

Here’s a quick update that shows us what to expect. Currently price is making a retest on a demand. If this demand is strong enough it will lead price to break the support of the channel.

As I said before, bounces are more frequent than breaks then let’s prepare for everything! Keep your eyes open

Komentarz:

Demand zone reject price one more time but takes more times to do it than last time. The demand is weakening, maybe if price comes back again it will go through...

Let’s keep our orders since usd is under the demand

Komentarz:

New strong rejection...

#AUDUSD buy at 0.7385
Stop loss at 0.7370
Risk: 1%

Komentarz:

4th time price is rejected on the demand...
We are in DD