jupomm

Quo vadis Dollar?

TVC:DXY   U.S. Dollar Index
Dollar is still in the downtrend since March. But look at the 50 day moving average. It took 5 attempts in March to May to break through the 50 day line sustainably. Since May Dollar is below. Now Dollar is fighting again against the 50 day. It`s the second time Dollar cuts the line from below. Trend change ahead or just the same formation as from March to May?
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