JHtrading
Short

US DOLLAR - Further weakness

FX:USDOLLAR   Dollar Index
22 0 0
I believe that we shall see further weakness in the US Dollar             as we have seen as of late. I choose to analyse the US dollar             as it gives us an insight to how the currency may perform in the coming week against its counterparts. I have arrived at a bearish conclusion as the index is putting in lower swing highs with lower swing lows. Furthermore, we have developed an internal channel in which this index is sliding down.

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