Video: True Dollar and Dow Reversals or Simply a Necessary Breather?

Talking Points:

• The Dollar put in for one of its strongest sessions in weeks - though motivation seems more rebalance than event driven
• EUR/USD's bounce comes at the upper bounds of a major range but for AUD/USD and USD/CAD it attempts open water reversal
• A slip from risk trends and overdue rise in VIX above 10 should not draw more anticipation than the subtle moves warrant

How are retail FX traders positioning in EUR/USD, AUD/USD, USD/CAD and other majors as these pairs look on the verge of major breakouts or trend development? See the IG positioning data on the DailyFX Sentiment page.  (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

Read the full article here:
https://www.dailyfx.com/forex/video/daily_news_report/2017/07/28/Trading-Video-True-Dollar-and-Dow-Reversals-or-Simply-a-Necessary-Breather.html

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@JohnKicklighter



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