trading2day

Dollar longs prepare for pull back

Short
ICEUSA:DX1!   None
The Dollar index rise of the last few sessions is near completion if not already finished at 101.47. A pull back towards 98 is expected at least if not a full scale reversal towards 90. This bearish view will only be confirmed on a break below the blue upward sloping trend line support. This is not the time to be buying Dollar. On the contrary this is the time to sell.

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