USD INDEX- Start of correction?
USD is in a clear and strong down-trend and from the March 102 top, dropped around 10%. Although I think the USD weakness will continue in the long run, early sighs of a much-needed correction look to take shape.
Yesterday the market closed forming a Pin Bar and in the past two weeks, the drop was not so aggressive.
That being said I expect USD strength in all the majors and USD weakness should be bough.
Yesterday the market closed forming a Pin Bar and in the past two weeks, the drop was not so aggressive.
That being said I expect USD strength in all the majors and USD weakness should be bough.
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