US DOLLAR INDEX : Bearish

Hi Traders,

NFP numbers were OK , however wages earnings are down. How can be possible that FED will raise interest rates with such nnumbers ?

I have a fundamental bearish view on USD after today´s number.

Technically, below 200MA on 4 hrs suggests to take a short , and that´s exactly what I´m doing now, ready to open long EURUSD on Monday if it closes today above 1.097

Good luck & have a nice weekend

Josep Pocalles

Yorum:

Bearish bias on USD still intact, , Commodities are supporting the view, with bullish moves for Gold, Silver