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atkustas
May 4, 2018 12:53 AM

DXY Short

U.S. Dollar Currency IndexTVC

Description

Dollar Index hit around 0.618 retrace off the most recent move on massive short squeeze. Look for it to resume downtrend shortly and new lows before end of year. You can tell it was purely a squeeze via positioning since it rallied against every single major pair in the world, it's not like it was making a legitimate move in some places and not others. Blanket squeeze that's running out of steam. Top picks, long GBPUSD, AUDUSD, EURUSD, short USDCAD
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