Dollar index will most likely go up over the next few weeks from a technical prospective. Bouncing off from support level.
From Fundamental side, some offshore investments will likely be pulled back to U.S. and borrowing to be done with U.S. banks due to perceived lower interest rate + safer environment.
Converting foreign currency to USD to purchase U.S. stocks will increase USD strength too.
Stoploss just below the support level. if stopped out monitor for re-entry opportunities.
Good luck
From Fundamental side, some offshore investments will likely be pulled back to U.S. and borrowing to be done with U.S. banks due to perceived lower interest rate + safer environment.
Converting foreign currency to USD to purchase U.S. stocks will increase USD strength too.
Stoploss just below the support level. if stopped out monitor for re-entry opportunities.
Good luck
Operación activa:
Move stop to breakeven
Comentarios:
103.890 is good take profit level
Comentarios:
Price movement stopped. time to take some profit, half or quarter.
Operación cerrada: objetivo alcanzado:
partial close
Comentarios:
near target
Operación cerrada: objetivo alcanzado:
Trade closed, target reached.