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MedianLineAnalysis
Apr 8, 2018 6:43 AM

Dollar trying real hard to break out for some upside 

U.S. Dollar Currency IndexTVC

Description

Dollar is really trying to stay upfloat and breakout it's resistance zone (The blue line). It may well happen for a while, since on the weekly charts it's oversold, and still has room to go on the daily. But at the end of the day I have little doubt that the bigger trend remains bearish.

Comment

This bounce should be running out of buyers somewhere around here. Silver seems anticipating the dollars fall
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