bverhags

USDx 12/17/17

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INDEX:DXY   US DOLLAR CURRENCY INDEX
Thoughts for the US Dollar this week: Price rejected the 9330 handle heavily on weekly. On the move down to 9330 price took out a couple of the previous days lows which leads me to believe it will no return to 9330 before making a new high. In addition to this price action the FED imposed another rate hike this week which confirmed my bullishness on the dollar. Hopefully something sets up early this week; I won't be trading after thursday for a couple weeks due to the holidays.

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