jamiecassels

Blue Skies Ahead LONG DXY ASSETS

Long
TVC:DXY   U.S. Dollar Index
If all the world's currencies were dirty laundry, the USD would be the cleanest.. ? Fundamentals make is seem safer than the rest of the world. Technically, looking at the dollar over the last few years it has really lost all volatility and is likely going to make a big move soon. Zooming in to the 4HR chart we see that we have broke out of consolidation to the upside and broke out of a descending ADX. Is this the beginning of a much bigger move to the upside? I think so, but we're still too early to tell.

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