#EURUSD - 22112024

I was wrong on the move for EURUSD, but levels worked well. Why so? I was looking at price to base from open and then move higher.

Instead, EURUSD came down and tested the strong level at 1.0514 strong level perfectly which gave a good long for 30pips. But it was a case of a down move - bearish, and it made a lower high, a rejection off 1.054 strong level in confluence with and it sold down. From current move, I am looking for a move lower. Look to short off a pullback to 1.0514 for a move lower. DXY does look to want to go higher. Do note that now DXY strength is in confluence with indices strength.