USDARS: Update, we broke the key level

This doesn't bode well for my local currency, the Argentine Peso. It's possible this week triggers a weekly time at mode uptrend signal, that forecasts a rally to at least 16.052 within ten weeks, starting with this week as #1.
With the fundamental events this week, it's possible this is the start of the acceleration and breakout of this range, specially now that RgMov has shifted into an uptrend in the daily chart , and that we're above the fundamental key levels originated from local events (presidential speeches).

Good luck to us all (mostly Argentinian residents that have to deal with hyperinflation).

Ivan Labrie.
Trade closed manually: It's better to own gold than dollars now...or silver.
Comment: The weakness in the peso is staggering...relative strength wise, hopefully, you are stashing USD or XAU (bought with ARS). Although the stock market might benefit from the surge in oil.

This pullback should end here.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out