tigo2020

I think USD is heading Lower

Short
FX:USDOLLAR   Dow Jones FXCM Dollar Index
I think the USD is over-bought currently and I am expecting a move lower in the USD Index. This means I can take a basket trades
- Long EUR/USD, GBPUSD, AUDUSD, NZDUSD, XAUUSD
- Short USDCHF, USDJPY, USDCAD

- Waiting for a break below the trendline
- Stop Loss when price takes out 11077 on the index
- Target - when price reaches the outer trendline or the 1.27 extension and index makes a lower low !!

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