While everything continues to crash, the U.S dollar continues to be seen as a safe haven investment. With Stocks and assets across the board being sold off to aquire dollars.
How long will this last? we wait to find out. In the meantime, we look to ride the wave and find opportunities along this stable uptrend.
Market price is currently re- testing the 110 level, with a short-lived break of the level earlier in the month. This level has proven to show strong resistance in the past years. We wait to find the market rejecting this level of 110 or we look to enter a sell position based on price action at our resistance zone and entry-level.
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