Why the US Dollar is likely to break out above 106 very soon
https://www.tradingview.com/x/WPlBeB0A/
The chart is a weekly chart of the USDX going back exactly 2 years.
I have plotted an upper trend line which approximates all the highs in the trend alignment, no surprise the USDX looks poised to breakout above this trend line.
Further backing my theory of a USDX breakout is the RSI highs which you will see, self explanatory.
You know, back when the USDX was around a dollar, a couple of months ago just before the gold-price broke out, well I tipped that the US Dollar was about to break out. I will pull up that publication. My reasoning was from longer term RSI and Stochastic's numbers.
Take a good look at the chart. Thanks for reading.
Chris
The chart is a weekly chart of the USDX going back exactly 2 years.
I have plotted an upper trend line which approximates all the highs in the trend alignment, no surprise the USDX looks poised to breakout above this trend line.
Further backing my theory of a USDX breakout is the RSI highs which you will see, self explanatory.
You know, back when the USDX was around a dollar, a couple of months ago just before the gold-price broke out, well I tipped that the US Dollar was about to break out. I will pull up that publication. My reasoning was from longer term RSI and Stochastic's numbers.
Take a good look at the chart. Thanks for reading.
Chris
交易开始
Short Silver stop loss: 30.78
Sell at current 30.60 to 30.70
USDX is on fire. Almost at 106.
Bitcoin merely sold off a bit today due to a Double Top it found it self in. Can happen to anyone. Gold and Silver tried to capitalise on this weakness in bitcoin, however bitcoin is currently traversing upwards of the Double top and has recovered.
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