Reposted setup on more common timeframe
Hello all,
I am back from vacation and getting into the groove of things starting with analyzing the dxy 0.54% . As most of you know this index is comprised of major currencies and heavily weighted by the EUR. With that being said, I find dxy 0.54% analysis to be a fruitful place to start, as it is a helpful guide for any other dollar based pairs you choose to trade.
I'm looking for some more short term dollar strength this week, followed by a daily pullback/correction, possibly until inauguration day and then a continued trend to the upside.
I am back from vacation and getting into the groove of things starting with analyzing the dxy 0.54% . As most of you know this index is comprised of major currencies and heavily weighted by the EUR. With that being said, I find dxy 0.54% analysis to be a fruitful place to start, as it is a helpful guide for any other dollar based pairs you choose to trade.
I'm looking for some more short term dollar strength this week, followed by a daily pullback/correction, possibly until inauguration day and then a continued trend to the upside.
