The dollar index has been bullish recently and looks so strong. I wouldn't double these are the first signs of Biden's wonderful work that we expect to bring change.
Although we need not forget that the main trend for the dollar index has been bearish and that doesn't seem to change anytime soon.
For now, we can sell short term positions given that we expect a deep pullback to give us a new low that we will be buying from.
Although we need not forget that the main trend for the dollar index has been bearish and that doesn't seem to change anytime soon.
For now, we can sell short term positions given that we expect a deep pullback to give us a new low that we will be buying from.
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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.