Short term down side target is around 1,0550
a pull back might occur to form a reverse head and shoulders, leaving no headcuffs on collars up until 1.0780, 1.10 and 1,1165 at highest. Short term strengthening DXY might be a bullish trap. Without no interest rate hikes the US dollar must not around between here and 101,80... That's a clear head&shoulders which imposes a down-side reversal back to 95s... Goodies oldies...
By the next US Non Farm Payroll on 3.3.17 we must see DXY down about 95s and EURUSD up, close about 1.12s...
By the next US Non Farm Payroll on 3.3.17 we must see DXY down about 95s and EURUSD up, close about 1.12s...
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.