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Shadowing_The_Big_Boys
Apr 14, 2024 1:09 AM

Usd clearly break up, could pullback this week Long

U.S. Dollar Currency IndexTVC

Description

Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.

On the backdrop of the CPI data hinting that inflation is still hot, FED kicked the interest cut ball lower down the street ( later than Jun, i believe). Therefore the strength in USD i guess.
Majors capitulated. Watch for some bounce if u want to long pairs like EU GU for a quick run. But likely overall is a short majors for me ( e.g. EU GU)

Do check out my stream video for the week to have more explanation in place.
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