There seems to be a common bias among traders that the dollar is going to strength long term, I disagree.
I think we will potentially see short term strength but overall the DXY has lots more downside to cover.
This sell off was simply a lure to introduce some sellers and wipe out existing buyers.
I would like to see a reversal from the box marked to the upside as illustrated.
I think we will potentially see short term strength but overall the DXY has lots more downside to cover.
This sell off was simply a lure to introduce some sellers and wipe out existing buyers.
I would like to see a reversal from the box marked to the upside as illustrated.
