In the last quarter the Dollar Index broke 2 major trend lines resistances and current quarterly candle (not complete) is well above the reference range box. The next upside target is to the 50% of Clone 1. Break below bottom of Clone 1 could see DXY fall to trend line S1 or S2.
Comments
jangseohee
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Does history always has to repeat or this time it is different?
A-shot
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Last time it did a retest of the line, so its hard to say now how is it
Nickmail
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need to get ma first
jangseohee
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it broke the 95 mark, at 96.4
euphoria :-)
unless Yellen up the rate, and i am dead man
nmike
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Fisher "volatility exhaustion" peaks
are often an indication of tops and bottoms when they occur at overbought or oversold conditions
That's so fundamental, nickmail
but it is good information
i think nobody wish to start 3rd world war because there isnt a need to deploy army or whatever.. everything is digitally controlled with a button which has a word "Nuclear/Atom" :-)