US Dollar - bearish
To me at least, the US dollar seems to have turned down in a 5 wave move since the middle of August and the corrective rally ended dead on the 50 per cent fib retracement of that decline before turning down again. This could mean we are going to see some weakness in the dollar in the coming weeks.
Note
Support broken......Note
Correction over? Is this what's panning out?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.