gregpap

Beware of the mighty dollar

Long
TVC:DXY   U.S. Dollar Index
I don't know if this time is the time for USD to start the correction upwards, but if it is prepare for massive move. After the long time correction, dropping like a rock for the last 2 months, there is lot of room to climb to 98 fast. That means 3-4 big figures for all the major crosses. So lets see how it will develop, first sign would be the break of 96.50

twitter.com/asegpi

Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.