OIL has just completed a sweep of sell side liquidity, leaving behind lots of BUY side liquidity.
DXY is falling on top of economic news stating trump will possibly fire Jerome Powell.
All this with OPEC increase oil production.
I expect oil to make a $5-$10 move throughout the rest of the week.
That's 500-1000 pips!
DXY is falling on top of economic news stating trump will possibly fire Jerome Powell.
All this with OPEC increase oil production.
I expect oil to make a $5-$10 move throughout the rest of the week.
That's 500-1000 pips!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.