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holeyprofit
Jul 11, 2022 2:45 PM

Reversing on my USD position Short

U.S. Dollar Currency IndexTVC

Description

Been a pretty persistent USD bull through 2021 and 2022 with only a few spells of being out of USD longs. It looks like we might have reached the end of the most recent run. USD has made a huge breakout. I think this is going to produce more strong bull moves for the USD in the future but we might se set to see a 76 retracement of the last advance.

Short USD while the current highs hold. If and when we get back to the 76 fib I'll re-establish long positions again.

Long EURUSD, AUDUSD and NZDUSD.
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