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Mihai_Iacob
Nov 6, 2020 5:42 AM

USD- Up against the ropes Short

U.S. Dollar Currency IndexTVC

Description

Usd failed to have a meaningful correction to 96, as I initially thought and, after a false break of the trend line resistance is now trading in horizontal support.
The situation for USD in all its major counterparts is not at all "in the pink" and I believe this support will fall next week.
That being said I will look to buy dips on EurUsd, GbpUsd, AudUsd and NzdUsd
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