The dollar in the last few weeks has been on a bit of a short selling spree!
Using patterns, I believe I've identified an ABCD pattern, which would imply the dollar is heading for the 93 area. Confirmation was given by the break of the trendline, and is now currently sitting at the 50% fib level. If it breaks this level down then I'm confident that we could see this move lower.
For more information and exciting news on my trading website, please sign up for its release due mid March: www.ejfxtrading.com
Using patterns, I believe I've identified an ABCD pattern, which would imply the dollar is heading for the 93 area. Confirmation was given by the break of the trendline, and is now currently sitting at the 50% fib level. If it breaks this level down then I'm confident that we could see this move lower.
For more information and exciting news on my trading website, please sign up for its release due mid March: www.ejfxtrading.com