DXY LONG TO 112

Going Long on DXY

1. Fundamentals
- fed hawkishness - increasing inflation rates to COMBAT inflation
- declining inflation reports - GOOD
- declining unemployment rates- GREAT
- increasing non-farm payrolls - WOOPDEWOOP

2. TECHNICALS
- on the weekly chart 112 is a significant level
- 4hr chart trend lines have been obeyed since the beginning of this year
- he dxy has broken over the previous high without any strong rejection

Trades:
SHORTING: EURUSD, GBPUSD
LONG: USDJPY