goodguy

US dollar drops out of up channel.

INDEX:DXY   US DOLLAR CURRENCY INDEX
A couple of week ago I set a target for the USD which was hit and suggested downward action likely to follow (see link below). So far looks good. Next support is at 98.76. If taken out it is very likely the longer term uptrend line will be broken as well with the potential for major down action. If so would likely have a positive effect on oil and the precious metals.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.