My Mid term- long term projection for the Dollar Index $
As the Dollar is looking bearish it will most likely continue to however, I expect it reach the ranges of 96.5 - 97.5 , this is going to be a area of interest and will then expect a potential accumulation / reversal heading back up to take the liquidity (marked $). Watch this space.
Upon reversal confirmation I will be looking for Long opportunities for USD XXX pairs and Short opportunities for XXX USD pairs as there is strong correlation at present especially with the EUR USD
This is pure price action analysis, no indicators used.
Upon reversal confirmation I will be looking for Long opportunities for USD XXX pairs and Short opportunities for XXX USD pairs as there is strong correlation at present especially with the EUR USD
This is pure price action analysis, no indicators used.
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