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USDOLLAR - Trend Remains Up, But Keep An Eye On Trend-Line

USDOLLAR - Trend Remains Up, But Keep An Eye On Trend-Line

2015-02-03 13:20:00
Paul Robinson, Strategist
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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

USDOLLAR - Trend Remains Up, But Keep An Eye On Trend-Line

--- Written by Paul Robinson, DailyFX Research

To contact Paul, you can email him at instructor@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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