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
— 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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