U.S. Dollar IndexShort
DXY-SELL++
The market has gone more north. It does not change the view though.
The short @ 102.30-102.40 as suggested is there, and we add again @ 103.25. This is not changed, and we add again above 103.80.
Correction likely will take place back to 100.50 area. Observing all pairs vs the US dollar they all have a common overbought state, and this is build into the DXY as well of course. It is either we select a pair, or we trade this one. The difficulty is that we need most to correct, and that would move the future price of DXY.
The short @ 102.30-102.40 as suggested is there, and we add again @ 103.25. This is not changed, and we add again above 103.80.
Correction likely will take place back to 100.50 area. Observing all pairs vs the US dollar they all have a common overbought state, and this is build into the DXY as well of course. It is either we select a pair, or we trade this one. The difficulty is that we need most to correct, and that would move the future price of DXY.
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