Dollar Index Monthly analysis , After break a triangle and fulfilling the projection of the triangle now is doing a correction between 50 and 61 percent in a Fibonacci retreatment and coinciding with the guideline which it had two touch in the trend, waiting for a patterns of reverse like doble bottom, head & shoulder , in lower time frame like a Daily or 4H it will be a great oportunity to take Short Position on EUR/USD .
Do you think Trump talking down the dollar will have an influence on this trade? I think he recently got very public about the US wanting a lower dollar because of what you have outlined on your chart.
Sanbach
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@gremic, Hi Gremic
I think is good opportunity in relation with the euro analysis chart .