SteveNixon

USD long? Is the correction over?

Long
TVC:DXY   U.S. Dollar Index
We've been looking for a correction of the push up since Feb 2018. I was expecting a deeper pullback than we've had so far but the Feds interest rate hike and statement indicating further hikes has turned the dollar long. What next? We have to wait for a correction of the latest push up - that correction will give us a clue about where price is going next. look for a flag and long trade set up

This is not investment advice

Steve Nixon
Trainer & Mentor

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