Investors is hastening to buy USDollar on over the world, they want to BUY AMERICA AS FAST AS POSSIBLE because this is the only place to store their asset and to invest. A safe place, a safe home.
Xmas and shopping season is coming, more spending sends more support to greenback.
Like I said in the title,I see three breaks on the chart.
- break it resistance. now is 65, more room for rally to overbought zone 80
- SMA200+SMA100 break, a signal for uptrend in the medium and long term.
- break. That is a break we must not ignore. USDollar hold below this for two months, now a break marks a shift in bias from to .
With those reason, I believe USDollar will keep its rally to next at 98.10