Happy new year to everyone! This will be the year where USD gets smacked around a little for the other currencies to run back where they were a few years ago. Coming into 2018, DXY got destroyed and I see this momentum still going for the first month.
DXY WRECKED
EU PUSHING NEW HIGHS WITHOUT GETTING SLAPPED
MACD WEEKLY CROSSING
FUNDAMENTALS AGAINST USD
For these reasons, we went long this afternoon.
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.