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nmiah7c

Expecting USd to drop for a while - Targetting near 90

Short
U.S. Dollar Index (TVC:DXY)  
nmiah7c Updated   
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Fundamental Analysis usdshort DXY dxyshort
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trendanalysis chartpattern fundamental usdshort dxy dxyshort
USD has spiked up a lot since we had teh fed meeting and teh core CPI data. I'm not sure its ready to head off yet... i think we will see a pull back close to 90 after this little push up happening today.

Short DXY.
Target = 90 (near abouts)
Comment:
This is taking me by surprise. it was looking to head down, and suddenly started reversing upwards in teh last 2 days. ill need to watch few more days to understand the direction. i cant be sure if this fall will happen as expected! we cant be right everytime.
Comment:
This i got totally wrong. USD became increasingly strong and reached as high as 94.5

we're should be near the end now... expecting USD to come back down over teh coming weeks/months
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