Tuesday, February 3, 2015

USDOLLAR - Trend Remains Up, But Keep An Eye On Trend-Line




Talking Points:



  • The longer-term chart remains extended, making new longs dangerous, but…


  • Shorting blindly into momentum of this strength doesn’t look to hold a lot of promise, either


  • A meaningful inflection point could be close, but remaining patient until further developments


USDOLLAR Daily: Mar ’14 – Present


USDOLLAR - Trend Remains Up, But Keep An Eye On Trend-Line



— Written by Paul Robinson, DailyFX Research



To contact Paul, you can email him at probinson@fxcm.com





USDOLLAR - Trend Remains Up, But Keep An Eye On Trend-Line

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