$DXY rumors of death greatly exaggerated

Dec 30, 2019

Everyone's talking about a weaker dollar, but I don't think we're there yet. Only a break of 95.80 would confirm. Have taken a fairly tight stop, although the full stop to, say, 95.50 would still be an acceptable trade.

In fundamentals, there is no particular reason that EUR should go up, which is 57.6% of DXY.

Contrarian trade
BUY 96.80 (Market)
SL 96.20
TP 100.00
RR 5.3

Feb 9, 2020

Note

Halfway to the target.

Feb 22, 2020

Note

Nearly there