DXY - Further correction expected on the USD
Hey guys, The US Dollar index (DXY)charts are telling me about further corrections on the USD.
I expect USD to continue weakening to around 98 before resuming its uptrend.
Expect US stocks to also correct together with this before we scoop them up at the low again.
My prediction will be Trump's talk will lead to a temporary drop in the stock market but overall for year 2017, my outlook remains very bullish on the US market.
Short Term
USD weakness till 98
I expect USD to continue weakening to around 98 before resuming its uptrend.
Expect US stocks to also correct together with this before we scoop them up at the low again.
My prediction will be Trump's talk will lead to a temporary drop in the stock market but overall for year 2017, my outlook remains very bullish on the US market.
Short Term
USD weakness till 98
