TVC:DXY US DOLLAR CURRENCY INDEX
The USD index has fallen almost 2.50 from 95.95 to key near 93.50 due to weak NFP results released earlier. This causes an market expectation of keeping steady in this coming June. So will this effect continue until end of June (next FOMC meeting)? My opinion is YES. However, we should not make a guess and lets first see what is the price action at this . If it stop falling, then we could enter a small long position there, if it is broken, we could look for selling at high.