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Where does the dollar go? Long for now, but cautious.
The pattern has been broadening out. This can be a bullish or bearish pattern. Market seems pretty indecisive at this point. My bias is that it breaks down but I will not underestimate the dollar.
A break and close below the bottom trend line would be a great trade on any backtest of the line. For now, I would think stay long until it breaks 92 again.
A break and close below the bottom trend line would be a great trade on any backtest of the line. For now, I would think stay long until it breaks 92 again.
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