ChrisAbdey

USD in some hot water - SELL for now -

Short
TVC:DXY   U.S. Dollar Index
The USD seems to have suffered some after the tensions in the French elections eased up again. By no means is it over - but for now the market seems content to ease off on the fear/risk factor.

The USD has crossed and stayed below the 200 day MA (red line) - so I'll be looking for opportunities to short the dollar for the next bit. That being said, today is a "sit on your hands day" and see how the markets want to react to easing of tensions.


"Freedom Is a State of Mind"
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.