EU Short to yearly S4. See updated and original weekly DXY chart. FED looks to continue hiking rates as stated today rates are "Just below neutral" = US Dollar becomes more expensive.....Buy dollar longterm. Trade Safe!
Update from my original DXY chart from Jan 2018. Dxy still long to 99-100 at yearly R4, then maybe a pull back and continuation to 110. Fed looks to continue hiking rates, which means more expensive US Dollars....Trade safe!
Maybe history repeats itself? Would love feedback?
Not sure how this will play out...expecting consolidation, then continue downtrend.
Expecting Bullish rise of at least 3%, targeting 1.2600 area.