Friday, September 8, 2017

USD is at a critical level

I wrote here about potential bottoming of the USD. Now it looks that the DX might give up major resistance level. On the other hand we've seen the Trump rally making a false breakout early this year. 

The EUR is trying to break the 1.20xx level that is the 2012 July low. Aussie is making new high. CAD broke the 1.2500. JPY looks to break the 108.00. The yuan went total parabolic:

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