02/24/2015 – US Dollar

March US dollar index:

1. In Monday’s (Feb. 23) Williams edge live meeting it was noted that the March US dollar index (then trading at approximately $94.60) was in a ‘Sell’ position upon any test of $94.80/$93 for an expected decline to $94.30 (or lower) into Tues., Feb. 24 (+/- 1 day).

2. Today’s (Wed., Feb. 25) March US dollar index declined and completed the $94.30 downside target (today’s session low, $94.16, so far). This completes the trade. Will message any further entry or indication in the March US dollar index.

David Williams