Knock, Knock. Who is it? King Dollar...

TVC:DXY   U.S. Dollar Currency Index
He's back baby. If the upper green resistance line breaks, we're going back to 91.50...
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@Dr_Roboto, Beautiful. That's the plan. We have an initial target of 92.50. What's that implications? Markets and rates are in for a rough couple weeks...
Dr_Roboto Hedge_Of_The_World
@Hedge_Of_The_World, I forgot I sent that to you yesterday.

Do you trade currency or just watch it as it relates to stocks?

I ask because if I am right about DXY, then I would like to make some money off of it.
+1 Reply
@Dr_Roboto, I use to trade forex, ya, USD/JPY predominantly. I'm looking at a quasi inverse HS on DXY. The neckline at 90.75 is key. I think at the very least if we see a clear break on more bearishness, we're going back to the previous high around 91.50.
Thanks for sharing mate..
+1 Reply
Hedge_Of_The_World MirandaSimandl
@MirandaSimandl Anytime, my friend!
Thanks for sharing 🚀🔥
+1 Reply
@TRADiNG_hub cheers buddy!
Fed can print 100 trillion and dxy will stay above 90
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