Since Donald Trump entered office and said that the USD was too strong, the DXY continues lower. It is a good time to be in commodities. I added to my PM miners today NAK and JNUG. I hold WTIC with ERX, Go Long commodity, pick anyone you want. I see US Dollar at least to 92.22 before any bounce.
Comment:
US Dollar DXY at some serious resistance here. It is a very ugly chart for DXY. I suspect we break lower and tag the lower resistance line, double bottom before a recovery!
Trade closed manually:
US Dollar headed higher, overall trend still down but now above the 9ema. Book Profit.
