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cozzamara
Nov 16, 2018 11:43 AM

DXY according to Morgan Stanley 

U.S. Dollar Currency IndexTVC

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If DXY topped a bull run on the 12th of November, USD/JPY did it on the 4th of October

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UnknownUnicorn1038536
I saw this almost as soon as this went public. I'm new to forex and institutionals. Do we countertrade such a bold statement?
CozzamaraDaZena
@hirounsung, thank you for commenting. I think in the short term USD may lose some strenght and pullback a little bit from that resistence but the same resistence may come into play again sooner than we expect if USD regain some strenght. I use the DXY to trade other markets like Gold, Yen and Silver therefore I will study the impact of the USD pullback on these markets and see if they generate opportunities. Today they did. Lol.
cozzamara
@CozzamaraDaZena, sorry I replied from my other PC. Lol
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