VIP_Trading_Technologies

DXY (USD) recovering, next leg up

Long
TVC:DXY   U.S. Dollar Index
Expecting USD index to keep climbing from current levels to hit the target at 94.

As you could imagine if USD goes up it will do it as well in most of the other pairs, keeping that in mind you should expect USD to strengthen against everything, including gold.

Trading in between EMAs but in a clear ascending channel that makes oscillators and some indicators to provide mix/false signals.
Trade active:
I have to admit that I am a bit surprised of USD softening against most pairs with great economic results coming from USA but will reconsider a different view only should we close below 91.35, major support of the ascending channel. Below there I would hedge my positions partially.
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