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USD Inflation Trade (Continued)...


USD is down! Inflation was lower than expected yesterday and it seems that the double-digit inflation drive may be over... This means less USD buying and potentially a large retrace move of the recent USD gains...


See my previous post here... https://www.thefxtradingroom.com/trading-room-forum/general-discussions/usd-inflation-trade


USDJPY and DXY seem like the better shoring opportunities. Below are my charts...





I am just a little concerned that the USD could continue to fall and not reach my technical levels, meaning a missed selling opportunity

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