Dollar Index resumes the up move?

FX:USDOLLAR   Dow Jones FXCM Dollar Index
19 0 1
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.

Related Ideas

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