SHORT DXY Short

TVC:DXY240

U.S. Dollar Currency IndexTVC

Description

⋅ Dec 21, 2021 8:25 AM

Time to short DXY again.
Seems logical to me after firming a rectangle on top.
I think january will not good for DXY.

Comments

i_am_siew

⋅ Dec 22, 2021 4:58 AM

Yup, you are correct that next month should provide an answer.
Whether it is up or down would largely depend on Q42021 GDP to be released on 27/1/2022.
Till then, the DXY would be trading sideways.