I am long AUD/USD for 2018. I expect commodity prices to surge and the USD DXY to decrease in value. Retail is selling on every rally which gives me further bias to the upside.
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I do see the dollar DXY strengthening over the next few days and possibly into next week. I will be scalping long dollar until a short opportunity presents itself. The longer term bearish dollar DXY view is still in tact.
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I have added longs to AUDUSD after scalping dollar strength yesterday. Trade is active and I expect a steady rise.
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