Another week DXY (US Dollar Currency Index) was in the range, so I think this week we can see a break of range due to the liquidity formed above and below BSL (buy stops liquidity) or SSL (sell stops liquidity). I expect the price to manipulate all the liquidity from SSL and below PWL (previous weekly low) and reject from a daily OB (order block) + institutional price level of 97.000 and to distribute higher.
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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.