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Dollar Index Basket
Long

Dollar Retracement in Store

By hope.bleecker
Updated
Trade it to the back side of the uptrendline and then sell it back to the D. Thanks!!!
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Stay Euro, Stay Aussie, Sell Pound if you want. New Zealand is dropping. Go easy on retracements and be back on the buys. kelta.com/blog/technicals-and-fundamentals-come-together-for-us-dollar-pairs-2546
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We are still on dollar index which has given us some good buying/selling on some of the US dollar crosses. This can go as high as 11980-12000 before we start looking on reversals on dollar. So I would stay the long on dollar until you get the reversal signals... at which time it will be appropriate to look for buys on the euro and some of the other pairs. Thanks!!
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We are still running the usd long.. we have hit the 618 now and are being vigilant looking for bearish candlestick formations.
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Continue to sell down ABCDS as outlined. You may see a bounce here but if we can break this we are headed to the D at 11700. This was great trading today with economic news sending the dollar lower!!
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Looking for one more little pinch north.. Just one more... I am long and am setting hedges on euro; selling australian, selling pound and selling new zealand...
hope.bleecker
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