Well, it's not like russian central bank is a major institution, however in april we have acquired 20 billion USD and this is still growing, as far as I know.
Anyway, I want to post a 1 hour DJI chart, since as currencia pointed it out a while back, it can indicate dollar strength/weakness.
So far, I can't see it breaking below 12774 area, so until then, I can advise increasing NET SHORT EUR USD and GBP USD exposure. However, break below 12774 will indicate dollar weakness mid-term, something that I just don't see happening yet.
DJI will likely take out recent highs and attempt for 13400 very soon. I have been long DJI since mid-march and gained overall 500+ points.
