Dollar Rebound - RSI/MACD Divergence & Stretched Positioning
Short term dollar bottom?
Stretched CFTC net long positioning has started to unwind a little as well.
Plus Euro which is a big component, also has seen stretched positioning and now we are seeing resurgence of cases in most major European countries.
Stretched CFTC net long positioning has started to unwind a little as well.
Plus Euro which is a big component, also has seen stretched positioning and now we are seeing resurgence of cases in most major European countries.
Yorum:
Trade worked bang-on. DXY bouncing off from SL levels of 91.22. 1st Target 94.68, keep an eye out for it.