until before Dec FOMC, DXY has been falling so far. But how far it will fall and how fast it will fall. That is the question. First target of trend line has been almost reached. And perhaps today NY market, it will reach 2nd target??? We'll see, I suppose this DXY down trend will be continued at least before Dec. FOMC. Good luck ~ Today DXY got gap 79.94 ==> 79.97 up but how long it will last ~~~ The deeper it gets, the more buyers, too. Seeing after taper they will get profit ~ hold it for just longer... But until that time, what will happen, nobody knows...
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alex.a
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This is closed, after tapering announcement ~ Danke ~ ^_^