us dollar index

T

tanewbie

Well-Known Member
#1
#1
Looks like US dollar index has bottomed out. A weekly close abv 86 will be a powerful breakout abv a falling trendline of 5 years in weekly charts.

With so much bearishness on USD nowadays I feel bottom has been made.

Chart attached

edited for the following:
Target is 91 stop is 79
 
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T

tanewbie

Well-Known Member
#2
#2
UPDATE on US dollar index.
It has managed to close abv the falling trend line of nearly 5 years.

Abv 85 we can see a good move.
 
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