SteveNixon

TR#304 11/07/19 Summary - Dollar Continues Short

Short
TVC:DXY   U.S. Dollar Index
As expected the dollar moved sharply short yesterday on Powell dovish testimony. I would expect it to continue short although is a diagonal rather than impulsively. Today I'll be looking for a pull back for entry. Gold and Silver both gained off the dollar decline as did oil. I'm still looking for a short entry on WTI but we may have to wait a while yet. US stock markets are still around previous highs but surely they have to correct at some point. AUS200 could be leading the way as it looks short already.

This is not investment advice.

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Steve Nixon
logicfxtrading

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