peterbokma

DXY-SELL strategy

Short
TVC:DXY   U.S. Dollar Currency Index
We are becoming negative on DXY , which supports the bullish AUDUSD and BEARISH USDTRY idea.

The strategy is SELL current 96.10-96.15 for a move to low 95.00s short-term and even lower. The stop-loss should be placed 96.85 for now and profit 95.17.
Comment: taking back the position as I am not convinced for much lower. Trade taken back at 95.63.

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