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Maximilianned

DXY - What the World Needs

Indeks Mata Wang Dolar A.S. (TVC:DXY)  
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TVC:DXY   Indeks Mata Wang Dolar A.S.
Trend Analysis
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trendanalysis

What the world needs is a lower US Dollar. To repay all those US denominated debt, and help stabilize a faltering world economy.

You can see that we caught between two trend lines.

A decision is forthcoming.

Looks like the Euro wants to go a little higher. This move up just started for the EURO, unlike the CAD and Pound which have been on a tear in the last couple of weeks.

For the Dollar weaken we need a strong US stock market - otherwise there will be flight to safety to the USD.

I will be alerted when the when the automated algo trend line breaks. I will post the the results.

Thoughts are the trend is down - and continues.



Komen:
DXY moving up - upper support broken
Penafian

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