Thanks for viewing.
Whether or not you agree with my view, you have to admit that the USD is losing momentum. RSI has been diverging from the progressively higher highs, showing lower RSI highs.
My target is 85 to 81 for a 12.5 to 16% decline over the coming months. Not trading directly and am not a fan of trading FOREX but it will impact commodities and fits the larger view of a sustained down-trend in the U.S. equities and possibly also for securities demand.
Whether or not you agree with my view, you have to admit that the USD is losing momentum. RSI has been diverging from the progressively higher highs, showing lower RSI highs.
My target is 85 to 81 for a 12.5 to 16% decline over the coming months. Not trading directly and am not a fan of trading FOREX but it will impact commodities and fits the larger view of a sustained down-trend in the U.S. equities and possibly also for securities demand.