Trade the Dollar but with Caution

Trade the Dollar but with Caution

In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we look to trade the Dollar but with caution.

Having seen the USD strengthen against most pairs yesterday, we are looking for continuation in today’s markets. Specifically, we are looking to sell the EURUSD below 1.1257. That same level in the GBPUSD is below 1.2832. In the USDJPY market, we would be looking for this market to strengthen above the 111.06.

You can see the potential for more dollar strength across most of the dollar pair, but as always, really focus on protecting your hard-earned capital at all times, especially during these market conditions.

Trade the Dollar but with Caution – Full Video Analysis

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