DXY

٢٢ نوفمبر ٢٠٢١

Week after week I forecast weakness in DXY and it continually moves higher proving me wrong again and again. This week is no different, I think there are risks with regards to covid and more lockdowns in the northern hemisphere that could provide more upside for DXY, however even if it does move higher, I still remain bearish. Very short term it looks like it will push slightly higher and most probably test YPH at 96.7 early this week. Should prove to be a good sport to short it.