AdrianRaymondFX
Long

The dollar could start rallying within the next 2 weeks

INDEX:DXY   U.S. Dollar Index
With EURUSD             below a long-term trend line at $1.143, I'm currently interested in a bullish dollar setup for the end of the month. The reason why EURUSD             has reached higher this past week is due to the dollar's weakness, but I think this is a fake move. The Dollar Index             has a major support level at 93 points, which I expect will allow for a new dollar bounce starting next week (it needs to be tested first). Once tested, I expect the dollar to start rallying like last summer. This should present the ideal conditions for initiating long-term short positions on EURUSD             below $1.14.
This one worked really well.
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