Hello Traders,
Model suggests a major decline in the US Dollar. Since 2008 the DXY chart suggests that this has been a counter trend move. Now model suggests that the overall trend of the Greenback will continue. This is a very long term view so there will be plenty of swings in between, especially in the resistance band, formerly called the consolidation zone. There will be a very choppy move that takes place at current levels and within the resistance band. From there it should be a rather smooth move down.
Model suggests a major decline in the US Dollar. Since 2008 the DXY chart suggests that this has been a counter trend move. Now model suggests that the overall trend of the Greenback will continue. This is a very long term view so there will be plenty of swings in between, especially in the resistance band, formerly called the consolidation zone. There will be a very choppy move that takes place at current levels and within the resistance band. From there it should be a rather smooth move down.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.