Some key levels that are being tested:
- 200 week MA Currently at 92.4
- The breakout support line as indicated on the graph
- 2016 Low at 91.92
A break of the 2016 low could see the dollar heading for 86 to 87
We might see sideways action between 92 and 95 for a week or two before it heads up or the final blow towards sub 90 is given.
Overall bearish sentiment and oversold levels are at the worst levels seen in a decade and this whilst the US economy is really not performing badly.
I have to wonder it has not been overcooked and that it might be time to take the dollar out of the frying pan so that the upward move can start.
- 200 week MA Currently at 92.4
- The breakout support line as indicated on the graph
- 2016 Low at 91.92
A break of the 2016 low could see the dollar heading for 86 to 87
We might see sideways action between 92 and 95 for a week or two before it heads up or the final blow towards sub 90 is given.
Overall bearish sentiment and oversold levels are at the worst levels seen in a decade and this whilst the US economy is really not performing badly.
I have to wonder it has not been overcooked and that it might be time to take the dollar out of the frying pan so that the upward move can start.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。