Wouldn't hold my breath for usd to go lower when NFP comes in bad i believe the bad news is already priced in and if we dont go to far off forecast the dollar may get a relief rally liquidating shorts on the dollar allowing institutions to get a better price on their dollar shorts. In short dollar will go down but not yet. Dxy could be at 103/104 by end of Friday. Short the euro as it's been the strongest currency against the dollar and is looking overdone.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.