We are ending the quarter with a strong dollar flush to the upside - with price spiking on no volume signaling liquidation of dollar shorts - On the higher TF price is testing major selling zone & resistance & moves like these can witness strong one way reversals if not backed by higher TF conviction - Therefore watch for reversals on specific dollar pairs at the October open, while using this months range as a bias to confirm a reversal (dont short dollar if it breaks above this current Sep range). Technically a reversal at these levels would b significant and can send prices all the way down to the yearly lows!
Watch & see how it plays out!
Watch & see how it plays out!