NikitaMarket

DXY. Retest.

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TVC:DXY   美元指數
The previous idea worked 100%.

At the moment, the trading instrument is probably going to retest for a further fall.

Data from CoT reports on the dollar index (USDX) reflects the growth of bearish sentiment on the US currency. Traders actively increased their sales and purchases, which led to a reduction in the net position for the growth of the dollar. At the same time, the net position of large speculators approached the levels that were minimal over the past two years, while the net position of hedgers updated them. Continuation of this trend may contribute to the decline of the US currency.

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