OptimoomFX

DXY is bottoming

Long
TVC:DXY   U.S. Dollar Currency Index
What is clear is that USD is weak but also is clear that the market can't be unidirectional indefinitely.
Usd counterparts started the year strong but the new highs (and new lows for the index) are marginal and lacking power. So far all that USD could do was to have some intraday correction and I think this is about to change and we will have a lasting correction.
That being said I will look for opportunities of buying USD and my preferred pairs are EurUsd , AudUsd and NzdUsd for short and UsdJpy&UsdCad for long trades
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Comments

great work mate
+1 Reply
OptimoomFX Stargazer_fx
@Stargazer_fx, thanks!
Reply
Nice view, keep it up.
Reply
this is good, appreciate your work, let's get it!
Reply
i can't agree more, also looking for this reversal!
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