Inflation report brought Dollar higher and indices, foreign currencies, Cryptos, all lower.
USD getting a 'boost' on high inflation is understandable but keep in mind that ECB also hikes now.
I do see the 1.00 as support at this stage and with DXY a resistance I am going short:
Unless off course DXY can break higher, which judging on my 'fundamental meter' ia lwaa likely at the moment.
Been short on EURUSD for ever but it's enough:
One Love,
The FXPROFESSOR
USD getting a 'boost' on high inflation is understandable but keep in mind that ECB also hikes now.
I do see the 1.00 as support at this stage and with DXY a resistance I am going short:
Unless off course DXY can break higher, which judging on my 'fundamental meter' ia lwaa likely at the moment.
Been short on EURUSD for ever but it's enough:
One Love,
The FXPROFESSOR
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