Inflation report brought Dollar higher and indices, foreign currencies, Cryptos, all lower.
USD getting a 'boost' on high inflation is understandable but keep in mind that ECB also hikes now.
I do see the 1.00 as support at this stage and with DXY a resistance I am going short:
Unless off course DXY can break higher, which judging on my 'fundamental meter' ia lwaa likely at the moment.
Been short on EURUSD for ever but it's enough:
One Love,
The FXPROFESSOR
USD getting a 'boost' on high inflation is understandable but keep in mind that ECB also hikes now.
I do see the 1.00 as support at this stage and with DXY a resistance I am going short:
Unless off course DXY can break higher, which judging on my 'fundamental meter' ia lwaa likely at the moment.
Been short on EURUSD for ever but it's enough:
One Love,
The FXPROFESSOR
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🌍 Satoshi AI in 12 Languages:
🔗 linktr.ee/crgpt
🪙 CRGPT Token — Join the Crypto AI Revolution:
🚀 cryptogpt.io/
📣 Professor's Public Telegram:
💬 t.me/fxprofessor88
🔗 linktr.ee/crgpt
🪙 CRGPT Token — Join the Crypto AI Revolution:
🚀 cryptogpt.io/
📣 Professor's Public Telegram:
💬 t.me/fxprofessor88
Related publications
Disclaimer
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.