DXY Trade 2-17-2017

by Gerald
(WV, USA)

dxy-trade-2-17-17

dxy-trade-2-17-17

Within the short-term, there are numerous issues are playing out which are influencing the greenback, such as options expiration on Friday. However, in the intermediate timeframe, the technicals will continue to validate the greenback, as there are no changes from last week. Typically the greenback will probably go up and down influenced by means of monetary policy, ongoing account shortfall, geopolitical situations, however, the market price action will dictate what and when to trade: TradingSig signals rock!.

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Regarding DXY trade
by: Rafael

Hello there Traders. With regards to DXY, we're over the crucial psychological level of 101. For as long as EUR/USD stays around 1.05 then DXY will keep on to remain steady to high. It's obvious that this general trend direction is upward.

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