Day 254: Need trend

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Another wild day in the markets with absolutely no trend in dollar. Movements are volatile with no lasting trend and confusion still lingers in price. I’m still trying to make back my losses and trying not to hold onto my position for too long since the market takes back what it gave.

Dollar is still flirting around it’s new high trying to make a decision. The bears and bulls are fighting strong while price is ranging up and down. USD/JPY made an attempt to go higher over night, however, it is stuck in a range at the moment. I’ll be holding onto my long position as China’s stock market is starting to ease. Hopefully with more US data and news, dollar will decide on a direction.

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