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Silverbacked_Gorilla

Dollar Index might put in a head and shoulders showing weakness

Short
Indice Dollaro americano (TVC:DXY)  
Silverbacked_Gorilla Aggiornato   
TVC:DXY   Indice Dollaro americano
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
Although the last week has bucked the downward trend of the dollar index, most large speculators are net short based on the "Commitment of traders". I wanted to put my thoughts out that I am short USD against JPY/CHF/CAD/NZD as they are the furthest away from the longer term trend. I am using pretty tight stops and re-entering if as required as I don't believe the last week's bounce in the US dollar will continue. As always please use proper risk management.
Trade chiuso: obiettivo raggiunto:
Target move reached
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