The weekly chart of my own built USD index shows signs of donwward continuation within a well-defined symetrical triangle.
Comment:
daily view: USD index broke a small rising wedge (continuation pattern) last week: a move further low is anticipated for next week
Comment:
Although USD could put a corrective bounce at anytime, I can't see any meaningful support before another 2% lower.
Comment:
Still some room to the downside. USD was flat lst week
Comment:
Comment:
USD ready to make another impulse lower?
Comment:
Comment:
USD soon a buy but not yet.