DXY - New Highs (Short term pullback?)

16 thg 8, 2018

As the Dollar made 13 month highs, most USD quote pairs are oversold, and the index is overbought. . . Expected behaviour would be a pullback to test the new support. With this in mind, Turkish troubles may throw their weight and we see further dollar rally. Anticipating some short term bullish momentum for the next few days of trading from EURUSD, AUDUSD, NZDUSD. I am not keen to jump into a counter trend rally, just looking at the situation overall.

My notes only not trading advice. . .