Eur/Usd -bad news priced in already

5 apr 2023

Wouldn't hold my breath for usd to go lower when NFP comes in bad i believe the bad news is already priced in and if we dont go to far off forecast the dollar may get a relief rally liquidating shorts on the dollar allowing institutions to get a better price on their dollar shorts. In short dollar will go down but not yet. Dxy could be at 103/104 by end of Friday. Short the euro as it's been the strongest currency against the dollar and is looking overdone.