Hey traders! Hope you're having a good day wherever in the world you are :) So today I bring forth to you the dollar index which just doesn't seem like it doesn't want to give up it's monstrous run up in the past few weeks... until now I hope. I've drawn in what I think might be a good area of resistance and you know what that means. Time to look for shorting or long opportunities that are paired with the dollar and/or even commodities such as Oil, gold, etc.
So get to it and lets make some $$$$.
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Dollar dropped off steadily on this. I have two positions open with USD/JPY and USD/CAD now. Will be holding on to these over the weekend.