Very little in the way of volatility following Yellen’s testimony.

February 27, 2014 by Nanakiver3

e saw the dollar index break out on the upside yesterday with EURUSD being the biggest loser breaking through some key support, since then we have seen a reversal in the market offering traders looking to buy the dollar a good opportunity to do so. AUDUSD has come under downside overnight so I prefer adding to my short  GBPUSD.

usdindx_h14h1

DXY 1 hour chart