Mighty dollar's golden cross
People have been busy covering the great dollar short for a few months. The DXY has not closed here or higher since November last year.
Note we are above the 200 day moving and the 50 day is just crossing above the 100 day.
Time for some more short squeezing. After all not everybody has closed the great dollar short (chart 2).
Note we are above the 200 day moving and the 50 day is just crossing above the 100 day.
Time for some more short squeezing. After all not everybody has closed the great dollar short (chart 2).
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