DXY long
The USD had been increasing in value since higher interests but Friday marked a big day of news, which was very positive for the US dollar. The reason for the most recent downtrend is because of short options placed on the USD which had to be liquidation of a loss because of this positive data.
1. The DXY never broke structure
2. Market close respected the 78.6 fib
3. Extremely Positive news for the US economy
Higher interests and employment was very high
**please trade at your own risk
1. The DXY never broke structure
2. Market close respected the 78.6 fib
3. Extremely Positive news for the US economy
Higher interests and employment was very high
**please trade at your own risk
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