The USD index seems to be hitting some heavy resistance on the daily charts. This is probably the end of its 3-month rally, its still a bit early, but the cracks are starting to show. Reversal candles are forming all over the place.
I'm already long on the eur/usd, plan on adding more longs to the GBPUSD and AUDUSD....the eur/usd looks like 1.4 to me.
Lets face it folks, the USD bull is dead, time to take it out of play.
Not sure about the yen pairs just yet, i know a weak USD will probably keep…
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