USD breaks out of major bull pattern.
Not much to say, i gues the comming news about tapering will come sooner than expected. Be aware of this can be a leading indicator to overall market retracements.. Gold, silver, and usd-pairs also line up to downside movements.
Watch out for the DXY to retest the neckline follow by further bullish movements for this to be valid.
My thesis will turn if we have a weekly close below the neckline but.
This is for swingtraders but good to aware of for intraday setups.
Not much to say, i gues the comming news about tapering will come sooner than expected. Be aware of this can be a leading indicator to overall market retracements.. Gold, silver, and usd-pairs also line up to downside movements.
Watch out for the DXY to retest the neckline follow by further bullish movements for this to be valid.
My thesis will turn if we have a weekly close below the neckline but.
This is for swingtraders but good to aware of for intraday setups.