With the looming US Presidential elections, and the recent mixed messages from the Federal Reserve, the direction of the USD is unclear for now. Wait for more clarity before choosing a side.
Could the USD downtrend be coming to an end? The charts of many currencies vs the USD are quite inconclusive on where the USD is headed in the near term. Charts do not always have to point up or down. They can often show signs of indecision as there are many conflicting factors driving the USD at the moment. Stay neutral and wait for clearer opportunities for now.
Could the USD downtrend be coming to an end? The charts of many currencies vs the USD are quite inconclusive on where the USD is headed in the near term. Charts do not always have to point up or down. They can often show signs of indecision as there are many conflicting factors driving the USD at the moment. Stay neutral and wait for clearer opportunities for now.