Almost all currencies are behaving nicely today, including GBPUSD that acted a bit strange yesterday.
The only thing left to do is to manage the stops.
DX obviously wanted to tag its previous multi-year support of 79.80 to 80.20 area.
A failure to do so with 1-2-3 or DT sell from below implies a melt down type move to retest the recent year low.
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DX (US Dollar Index) moving towards target zone
Almost all currencies are behaving nicely today, including GBPUSD that acted a bit strange yesterday.
The only thing left to do is to manage the stops.
DX obviously wanted to tag its previous multi-year support of 79.80 to 80.20 area.
A failure to do so with 1-2-3 or DT sell from below implies a melt down type move to retest the recent year low.
Share