Short term - down (target 95-100), long term - up (target - 120+).
Have to revise my longer-term view on DXY. I count recent decline as start of wave 4 targeting 95-100 range (rather then a complete reversal to new lows). I believe we'll then see one more run up to 120+ level in USD.
Have to revise my longer-term view on DXY. I count recent decline as start of wave 4 targeting 95-100 range (rather then a complete reversal to new lows). I believe we'll then see one more run up to 120+ level in USD.