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ckot01
Jan 16, 2021 3:02 PM

DXY Short Short

U.S. Dollar Currency IndexTVC

Description

The DXY has had a pretty bullish week last week, however I personally believe this is to lure buyers into the market, and this being temporary retracement as we can see its been in a downtrend since March 2020 . With Biden going into office and his plans to give out $2000 cheques to every American, 2021 will be a very tough year for the dollar in my opinion and my idea is to Buy Gold, long pairs XXXUSD and shorts on USDXXX.
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