SolidTrader85

DXY TO 78'S - VERY VERY LONG TERM

Short
TVC:DXY   U.S. Dollar Index
FROM THE START OF 2021 WE ONLY TRADED UPWARDS UNTIL RECENLTY.
WE MIGHT HAVE THE HIGH IN HERE WITH LOADS OF DOWNSIDE POTENTIAL ON THE DOLLAR.
WE STILL NICELY ABOVE THE YEAR OPEN WITH A LOT OF DOWNSIDE IN PLAY TO REACH THE YEAR OPEN AND THEN CREATE THE DOWNSIDE FOR 2021
LOOKING DEEP DOWN BELOW 80 IT SEEMS WE CAN RUN DOWN TO 78S TO HIT THE MAJOR LIQUIDITY LEVEL. DOES IT HAPPEN IN 2021 (COULD ROLL INTO 2022)
I AM VERY BEARISH DOLLAR FOR THE REMAINING OF THE YEAR.
(OF COURSE THERE WILL BE MOMENTS OF UP MOVES TO BE CAREFUL OF THOUGH)

ALSO SEE MY FIBRE CHART IN RELATION TO THIS

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