DXY LONG TO $94

The Dollar Index is starting its year with a recovery to the upside after the major thrashing it took in 2020. I am expecting a retracement back to the $94 resistance before we see another sell off starts for 2021. Look at buying USD pairs after DXY touches the support zone of 90.40 which lines up perfectly with the 0.50% Fibonacci retracement.

The recovery off the DXY strengthens my bias on Gold shorts to 1670 and acts as an extra confluence which I have also posted on my Trading View profile. I will be cashing into this move with my Account Management investors.