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jan80hansen
Jan 28, 2018 1:18 PM

Be careful shorting USD at this point 

Dow Jones FXCM Dollar IndexFXCM

Description

US Dollar weekly chart i coming of a 6 year trendline. I see both Euro and Yen very resisted at this point. The euro zone has seen some improving economic news in the past months but with a still dovish central bank I'm not shure if the market will continue pushing higher at this time, give room for a dollar pullback or maby a move higher?
Im neutral at this point till trendline breaks or holds and pushes above 11 800 level.
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