Short

US Dollar Index Poised For Bigger Move?

Updated

With several days left in the month of July, anything can happen. By mean 'anything', I mean Trump wanting a weak dollar, trade war, raising interest rates, and so forth. So we take a look at the USD chart to give us a hint as to where the Greenback could be heading in the near future. First, we look at the monthly and there we see a possible dark-cloud pattern; however, as I've said in the beginning, it could easily turn bullish at the end of the month. On the other hand, we'll anticipate more downside in days ahead.

Happy Trading, folks!

Cheers!

Note

Note

Kav1ka

Also on:

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.