{"id":719,"date":"2021-11-05T21:24:57","date_gmt":"2021-11-05T21:24:57","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=719"},"modified":"2021-11-05T21:24:57","modified_gmt":"2021-11-05T21:24:57","slug":"usd-sell-off-might-be-near","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2021\/11\/05\/usd-sell-off-might-be-near\/","title":{"rendered":"USD sell-off might be near"},"content":{"rendered":"\n<p>This week we had an important FED meeting and NFP on friday. And neither did help USD much. The dollar is slowly ending its upmove&#8230;and all that could have helped him to go higher, is now over. Tapering now seems to be fully priced in, even Powell can&#8217;t take USD much higher anymore. And NFP on friday had some excellent numbers and soon after we had a small dollar sell-off even. What does it mean? It could simply mean that the dollar bulls are tired and need some rest. This could be a perfect opportunity for bears to take over&#8230;all the big USD related pairs are in favor of this. GU bounced off a strong support around 3420 and can now easily go back above 3600. UJ is topping for a while now and is still a good &#8220;sell the spike&#8221; trade above 114. Eventually it will break down and might keep dropping for a while. With all this in mind&#8230;I will look for buy opportunities on EU next week. Targets remain the same, 1720 and 1820.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"388\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU1-1024x388.png\" alt=\"\" class=\"wp-image-720\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU1-1024x388.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU1-300x114.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU1-768x291.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU1.png 1171w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"390\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU2-1024x390.png\" alt=\"\" class=\"wp-image-721\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU2-1024x390.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU2-300x114.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU2-768x292.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6EU2.png 1172w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"390\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6GU-1024x390.png\" alt=\"\" class=\"wp-image-722\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6GU-1024x390.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6GU-300x114.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6GU-768x292.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6GU.png 1174w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"390\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ1-1024x390.png\" alt=\"\" class=\"wp-image-723\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ1-1024x390.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ1-300x114.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ1-768x293.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ1.png 1171w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"393\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ2-1024x393.png\" alt=\"\" class=\"wp-image-724\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ2-1024x393.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ2-300x115.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ2-768x294.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2021\/11\/6UJ2.png 1171w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>This week we had an important FED meeting and NFP on friday. And neither did help USD much. The dollar is slowly ending its upmove&#8230;and all that could have helped him to go higher, is now over. Tapering now seems to be fully priced in, even Powell can&#8217;t take USD much higher anymore. And NFP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/719"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=719"}],"version-history":[{"count":1,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/719\/revisions"}],"predecessor-version":[{"id":725,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/719\/revisions\/725"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}