Go ahead and look at my weekly DXY trends, given the situation, USD is not yet ready to make a comeback just yet. There may just be a few more weeks before that happens. I'd have to see obvious patterns to consider a reversal of this magnitude. As of right now, there is key support for the EURUSD. The news this week should manify this a little more. As we get closer to game changing news "Interest rate hikes" then we should consider the possibility of a reversal. As of right now, this graph shows where I anticipate where the major USD reversal will take place. As of right now I'm short. Please critique my work, let me know if I'm not seeing something.
Comment:
Not investment advice
Comment:
Not investment advice