We have an old idea, saying that somehow Trump is making DOLLAR weaker and weaker. Is this how he could make America stronger and stronger? Trump definitely want a CYPHER to happen as this chart shows, at least the dark blue one.
On this chart, you can see DOLLARS possible to get a support from 90, which is happening with RSI DIV. 91.62 could b the higher end of correction. Next support goes down to 89.46.
Last week, we witnessed most currencies have their own resistance from the top, probably becoz DOLLAR found its support here.These correction could last for at least 1-2 wks.
Less is more!
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dollar is weak and the support is not a support yet.