DXY- Medium Term - Bearish

5 set 2018

I think there is a bearish cypher. Fundamentals point to a strengthening dollar not a weakening one. But regardless of how I try to ignore I just keep seeing bearish formations, I skip the boat when the DXY strengthens but always with skepticism my long USD trades are anything but intra week holds and that has been the case twice.

Breaks below 93 this will get interesting.

5 set 2018

Nota

For an alternative great analysis on USD Long, check out HenrikZeberg work on twitter for long term moves.

For now I still think there is a good chance still this multi-month retracement in the larger scheme of things might come to fruition.