ECB cut rates and introduce more QE - Dxy long EurUsd short

As expected the ECB have introduced more stimulus to the Euro Zone by cutting rates by 10 basis points to -0.5% and have announced more bond buying. As a result Dxy should move long and EURUSD will move short for now. Next week we have the FED rate decision so keep that in mind if you decide to follow the Dollar long. Rate cut possible and short movement for Dxy on the cards

This is not investment advice

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Steve Nixon
logicfxtrading