I just can't believe I'm already out from the Trader Contest, but unfortunately I blow up my chances for this month to catch any top rank. However I'm glad to see the return in volatility, when you have day with +200 pips in EUR/USD you just can't ask for more.

During this past year I really anticipated a lot of big swing movements, and one of those great call is definitely the US dollar bullish trend.

On my last update on the US Dollar trend I've give you my first target on DXY to be 83.60 and we have already hit that level much more faster than I've anticipated. However this is just the beginning as in coming year everything lines up to see further strength in US Dollar.

You can check out that post here: US Dollar in the Spotlight . however if we take in consideration the big picture we can see that there still more ahead of us, and you can check out my longer term view here: The Case for a Multi-year USD Bullish Trend

Figure 1. DXY Daily Chart Target Hit

You can read more about the fundamentals behind this US Dollar bullish trend, and why EUR/USD is still only in the beginning of a multi-year bearish trend here: The Case for a Multi-year USD Bullish Trend I only hope that my analysis will serve you well to make a better decision

Best Regards,
Daytrader21
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