USD faces important decision point, before new highs
A: If USD bounces off support here, look for new highs on a breakout above the downtrend resistance from March.
B: Otherwise, the index will have another opportunity to bounce off support from May. Unless we see a breach below this support level, I firmly believe the index goes on to new highs and Euro and Oil go to new lows.
B: Otherwise, the index will have another opportunity to bounce off support from May. Unless we see a breach below this support level, I firmly believe the index goes on to new highs and Euro and Oil go to new lows.