bruceyam

USD is going to rise for 1-3 months

Long
TVC:DXY   U.S. Dollar Index
from the pass 10 years, there is a unidirectional movement of the currency start in mid-Apr. either up or down for 1-3 months.
At this moment, DXY show a impulse leg going up, so the assumption is DXY go up for 1-3 monts to test 100.
according to EPSR report, money is flowing into US equity market, and selling European stock is most crowded trade. so there should be inflow of USD and fueling USD rising.

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