Wednesday NYO Price Action
News Event: CAD High Impact @ 8:30 am est, No Med or High USD news
Dollar: Bearish Flow on H4, aiming for equal lows
US Equities: Bullish Flow, aiming for Clean Daily Highs
Dollar Crosses: Bullish Flow, aiming for HTF Premium PD Arrays.
The GBPUSD wasn't convincing to buy during NYO, but then the Dollar showing strong indication to go lower and some patience to follow through with it. Since GBP has a higher interest rate compared to the EUR the buy is highly favored for GBPUSD.
Dollar: Bearish Flow on H4, aiming for equal lows
US Equities: Bullish Flow, aiming for Clean Daily Highs
Dollar Crosses: Bullish Flow, aiming for HTF Premium PD Arrays.
The GBPUSD wasn't convincing to buy during NYO, but then the Dollar showing strong indication to go lower and some patience to follow through with it. Since GBP has a higher interest rate compared to the EUR the buy is highly favored for GBPUSD.
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