FxWirePro Call Review: Dollar index reaches target; maintain long positions with target revised higher

In the case of the dollar too, FxWirePro can boast suggesting longs at a good price back in April/May  - https://www.econotimes.com/FxWirePro-Call-Review-USD-trapped-in-Bull-Bear-tug-of-war-bears-eye-2-percent-decline-bulls-target-more-than-3-percent-1264126  & https://www.econotimes.com/FxWirePro-Call-Review-USD-bulls-win-over-bears-target-revised-higher-1274040

This week, thanks to the European political turmoil which is very likely looking to head towards a major showdown between the European Union and Italy, making it an existential crisis for the EU and the Eurozone, the dollar index has reached our extended target of 94.6 area. https://www.econotimes.com/FxWirePro-Call-Review-Book-partial-profits-as-Dollar-index-reaches-target-target-extended-further-1322646)

Based on our latest calculations, and looking at the political development across Europe, especially in Italy, which could soon be joining the UK in exiting the EU/Eurozone), and Spain (which would hold no-confidence vote against Mariano Rajoy government), along with some softness in economic numbers, we have revised our bullish target for the USD index from 94.6 area to 99 area.

We have also recently, revised our long-term bearish outlook for the dollar target 10-11 percent drop to neutral. We will soon announce our long-term outlook.

The dollar index is currently trading around 94.8 area.