DXY: Still Bullish But Could See Some More Retracement

Comments on the chart. If we get more retracement then the common currencies bar Gbp like aud, nzd, cad and possibly the eur could gain some more in different proportions. A wait for the break of the thin blue line might be a conservative way to get long. Doing that you would have waited out all the downside moves

Kommentera:

The retracement I warned about did happen and there could still be more in store. But I am not abandoning this long idea. So still looking higher,,,