US Dollar Reversing on HEAD & SHOULDERS
The EUR/USD has now started braking down indicating a strenthening of the US Dollar .
The head and shoulders pattern has now braken the right shoulder and the neckline has been tested and respected as resistance.
Strenthening US Dollar coinside with the US markets having another down day.
With GOLD & SILVER being very volitile the last 24hours, we might see a strong reversal in GOLD and SILVER prices, so keep poweder dry to catch them potentially at lower prices.l
The head and shoulders pattern has now braken the right shoulder and the neckline has been tested and respected as resistance.
Strenthening US Dollar coinside with the US markets having another down day.
With GOLD & SILVER being very volitile the last 24hours, we might see a strong reversal in GOLD and SILVER prices, so keep poweder dry to catch them potentially at lower prices.l
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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.