DXY OUTLOOK NOV 8TH - 13TH
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DXY
1st things 1st... Phew What a BEAUTIFUL trading week this was. there was a lot of volatility but from a technical view, all of the prices lines up perfectly. i firmly believe that the DXY is going to test out the yearly lows. Although i'm bearish on the dollar, as of right now i am sitting comfortable in my positions with a neutral outlook. When the week starts, I will wait for the opportunity add on to my positions. i've already taken some profits because of the uncertainty of the fundamentals & with the markets being closed over the weekend, sheesh you may never know. I understand there can be pull back as we're coming into resistance after this 200 point drop but i'll just wait until the opportunity presents itself.
DXY1st things 1st... Phew What a BEAUTIFUL trading week this was. there was a lot of volatility but from a technical view, all of the prices lines up perfectly. i firmly believe that the DXY is going to test out the yearly lows. Although i'm bearish on the dollar, as of right now i am sitting comfortable in my positions with a neutral outlook. When the week starts, I will wait for the opportunity add on to my positions. i've already taken some profits because of the uncertainty of the fundamentals & with the markets being closed over the weekend, sheesh you may never know. I understand there can be pull back as we're coming into resistance after this 200 point drop but i'll just wait until the opportunity presents itself.
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