EURUSD

DXY - New low? or double bottom? - take your pick

TVC:DXY   US Dollar Currency Index
dxy
72 7 5
dxy
The 90 level is back in play yet again.
It has been predicted many times over to be hit the past
year.

This time around price is very close to make a new low
at least - so lets see what the market has in store for us
coming weeks.

Related Ideas

every one long on dxy, but is isn't how the market work,,,,,,,
Reply
EURUSD BrennanHeart
I dont see that every one is long the DXY except retail traders. check the COT and see for yourself. that is what makes this so interesting
Reply
no,i mean that, they're expect a rebound for DXY in coming week
Reply
EURUSD BrennanHeart
a rebound will come for sure. will it have a greater impact? who knows, it has been stuck for a long time now on the weekly within a range
Reply
that's true , may i ask what's COT?
Reply
EURUSD BrennanHeart
the commitment of traders report
http://www.cftc.gov/Marketreports/CommitmentsofTraders/index.htm
Reply
thx so much
Reply
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