This is a straightforward contraction and expansion strategy and I'm expecting the market to push down from the current price to around 99.31 and that's where the next structure lies. There is a potential for this market push even further down but let's get to the first target then and we will see.
I'm predicting weakness in the dollar index in the short time so that means you can expect the majority of currencies to be bullish against the USD in the near future!
Any opposing comments, views, ideas or arguments are welcomed!
I'm predicting weakness in the dollar index in the short time so that means you can expect the majority of currencies to be bullish against the USD in the near future!
Any opposing comments, views, ideas or arguments are welcomed!