Talking Points:
- The longer-term chart remains extended, making new longs dangerous, but…
- Shorting blindly into momentum of this strength doesn’t look to hold a lot of promise, either
- A meaningful inflection point could be close, but remaining patient until further developments
USDOLLAR Daily: Mar ’14 – Present
--- Written by Paul Robinson, DailyFX Research
To contact Paul, you can email him at instructor@dailyfx.com