Expecting USd to drop for a while - Targetting near 90

USD has spiked up a lot since we had teh fed meeting and teh core CPI data. I'm not sure its ready to head off yet... i think we will see a pull back close to 90 after this little push up happening today.

Short DXY.
Target = 90 (near abouts)

Yorum:

This is taking me by surprise. it was looking to head down, and suddenly started reversing upwards in teh last 2 days. ill need to watch few more days to understand the direction. i cant be sure if this fall will happen as expected! we cant be right everytime.

Yorum:

This i got totally wrong. USD became increasingly strong and reached as high as 94.5

we're should be near the end now... expecting USD to come back down over teh coming weeks/months