Traders Get it Right Again as Dollar Rallies - Why Might it Continue?
- Important shifts in retail forex sentiment favor continued Dollar strength
-We need to see the DJ FXCM Dollar Index breach key resistance to confirm shift
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Traders got it right once more as they positioned for a Dollar bounce. Why might the Greenback continue higher versus the Euro, Sterling, JPY, Gold, and NZD?
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.