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RobertSoos

USD strengh to 61.8 Fib level on DXY daily chart

Long
U.S. Dollar Index (TVC:DXY)  
RobertSoos  
TVC:DXY   U.S. Dollar Index
Trend Analysis Fibonacci Fundamental Analysis USD dollarindex EURUSD
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trendanalysis fibonacci fundamental usd dollarindex eurusd
Fundamental drivers:

-Safe haven flows -> trade war fears pressuring equities, negative sentiment
-Hawkish FED
-Positive economic surprises from the US
-Carry trade
-Retail traders position: USD short (myfxbook EURUSD 67% long)

Cons:
- Trade war fears might deescalate -> big relief rally
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