Shorting the USD against other pairs is a great trade now

Short

Indice devise Dollar U.S. (TVC:DXY)

TVC:DXY Indice devise Dollar U.S.

trendanalysis chartpattern indicator containsimage

DXY has been trending down and recently we saw a breakdown.

We believe shorting the USD with pairs such as the EURO, AUD, CAD, GBP should work well under the circumstances. We believe these pairs will outperform the USD as you can see they are trending up Vs the USD

We have mapped out DXY the downside support price targets.

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