IvanLabrie

DXY: Long term trend reversal

Long
IvanLabrie Mis à jour   
TVC:DXY   Indice devise Dollar U.S.
I reccomend taking longs in DXY here, stops under 95.48, and risking 0.5-1% on this trade.
It's highly likely the trend will resume it's monthly pace, and head up, and make new all time highs, but for the time being, you can aim for everyone and their mother's stop losses at 97.57.

Good luck!

Ivan Labrie.

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Commentaire:
Commentaire:
The yen and euro took a nasty hit after the ISM news.
I closed for now, and closed gbpjpy, but still in GBPAUD, GBPCAD, GBPSGD, XAUUSD short/XAGUSD long, SPX short, etc.
I might reenter tomorrow.
Commentaire:
Friday's close is interesting, we'd need to see how this week's price action evolves, there's a lot going on, fundamentally speaking.
Commentaire:
EURUSD isn't too strong but JPYUSD is gaining traction, this doesn't bode well for DXY.
Commentaire:
We were close, now it's pretty sure to assume we'll get a longer term signal here.

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