After the Brexit, the dollar advanced
as a safe heaven, as expected. It then hit the strong resistance zone
(shown as the red box on chart). There was a bear wedge
(indecisiveness) and as expected price went down. Currently we see what looks like an ABC
formation and as we speak, there is a strong Thrust developing. There is certainly a good deal of push required in order to pierce the Resistance Zone
, however, many signs indicate that the dollar is going up. Suggestion is to relocate your portfolio and increase your dollar holdings, but with caution.