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WhosPipsAreTheseAnyway
Jun 8, 2021 9:46 AM

BULLISH DXY Long

U.S. Dollar Currency IndexTVC

Description

DXY has bottomed out around the 89.50 level and has continued to grind higher since. The next level that we took out was the 89.90 level which now acts as support and the upward trend line and pivot area. I expect a move higher in the dxy in the coming weeks and therefore I will sell the rallies in EURUSD and AUDUSD and buy the dips in USDJPY.

Good luck!

Comment

This strategy worked out well, I have sold my dollar longs into this rally and am now flat all dollar pairs.

Comment

Sold GBPUSD at 1.3980 & 1.40 ...

Comment

Sold EURUSD @ 1.1920

Comment

Sold AUDUSD @ 0.7580

Comment

Closed AUDUSD for +62 pips!

Comment

Closed GBPUSD at 1.3830 for + 150 pips.
Comments
WhosPipsAreTheseAnyway
This strategy worked out well, I have sold my dollar longs into this rally and am now flat all dollar pairs.
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