Since Donald Trump entered office and said that the USD was too strong, the DXY continues lower. It is a good time to be in commodities. I added to my PM miners today NAK and JNUG. I hold WTIC with ERX, Go Long commodity, pick anyone you want. I see US Dollar at least to 92.22 before any bounce.
Note
US Dollar DXY at some serious resistance here. It is a very ugly chart for DXY. I suspect we break lower and tag the lower resistance line, double bottom before a recovery!Trade closed manually
US Dollar headed higher, overall trend still down but now above the 9ema. Book Profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.