DOLLAR INDEX
Demand chart
We can observe some take profit off the Buy trades previously from the last week's trades. The reduced volume in Buy orders in todays session allowed some bearish wave.
It is important worth noting that the Sell has not yet engulfed the 4HTF Bullish candle which got its demand orders from the Gibbous,
101.771. We will anticipate sellers might enter tomorrow and hunt this zone
Our Sentiments remain very Bullish. Price needs to hit the next
Demand zone ( Proximal line- 102.512 & Distal line- 102.431) and the Half moon
(102.61) before proceeding to the next Demand zone
