Traders,
There was a strong rally yesterday becoz EURUSD has a weak fundamental pressure from Mario Draghi.
Now DXY is back to 95, what is next?
Pls check that we have two plans here.
One is DXY will be pulled back from 95 , dropping down to test the middle of the strong green candlesticks appeared yesterday.
Plans two, waiting for a pull back to push DXY up to hit 96.4 or higher position later this month.
Based on two plans above, dxy probably wont drop lower than 93.5 again.
Less is more!
There was a strong rally yesterday becoz EURUSD has a weak fundamental pressure from Mario Draghi.
Now DXY is back to 95, what is next?
Pls check that we have two plans here.
One is DXY will be pulled back from 95 , dropping down to test the middle of the strong green candlesticks appeared yesterday.
Plans two, waiting for a pull back to push DXY up to hit 96.4 or higher position later this month.
Based on two plans above, dxy probably wont drop lower than 93.5 again.
Less is more!
