DXY next week likely to strengthen further at the back of FED raising interest rate. DXY starting June with a positive note after a whiplash in May. However, I do agree that DXY on a longer term is looking to go down further. I would prefer to long AUDUSD on dips. Happy trading and huntings. Lost of central banks action next wk. :-)
BethZu
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@FXPeak, Interesting and useful comment... thank u and wish u great trades!!! :)
SNB
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I'm shorting this pair
BethZu
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@SNB, Good luck to all of us... and thank u for comment... :)
SignalWolf
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a small climb after the flag and then a 200 pips drop becouse of intrest rate next week!
BethZu
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@dannydegrote, Thanks for comment Danny... I really do appreciate it!
SNB
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@dannydegrote, totally agree
douglasaa
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I think DXY is looking to move down next week so as long as AUD hold on it looks pretty good!