Dixie got fairy dust
In the medium term, the Dixie (US Dollar Index) broke out of its long term downtrend in 2014. Since, it's consolidated between a range forming a large Double Bottom. And now that the price has broken out means we can see a strong move to 120.00. What this means is we can continue to see weaker currencies such as the pound, euro, rand and yen. This can spark a lot of unrest and crises for the economies of the world.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
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