Disliked{quote} Still long and holding. Usdx is bearish below new supply's that have been created on 4h. This is bullish for eurusd and gbpusd. But I would expect some kind of reversal to test this supply which in the short term will be bearish eu gu. {image} Demand for USDX is here. But my bet is it'll be short term if any. Target is back at the source of the move up on daily. {image}Ignored
Still bullish in my veiw, and depending on overnight trading, we could get a strong bullish engulfing candles to the up side if we can break above 1.2516. Haven't looked at USDX lower time frames, so be warned.
Bearish:
If we do get a minor pull back, I would expect 1.2490 to act as a support. Any move down to that level I will buy again.
Again, havnt checked out USDX and prob should!
Indicators only Indicate, Price action dictates.