The USDX has retraced into the 87.40 region which is an area of previous consolidation.
The daily 9 and 18 EMA continue to support long dollar and short EUR.
The sweet spot for the ICT fib lies directly on the order block which also is very close to the 1.2520 figure (like 80's and 20's).
If it hits 1.2520 this would sweep above last weeks open price and is also a run above the 5am price today.
Plan on entering short at 1.2518 with a 25 pip stop if it hits this morning.
Failing that will look for Tuesday and the possible high for the week.
The daily 9 and 18 EMA continue to support long dollar and short EUR.
The sweet spot for the ICT fib lies directly on the order block which also is very close to the 1.2520 figure (like 80's and 20's).
If it hits 1.2520 this would sweep above last weeks open price and is also a run above the 5am price today.
Plan on entering short at 1.2518 with a 25 pip stop if it hits this morning.
Failing that will look for Tuesday and the possible high for the week.