Does the Dollar Break down Here or Resume its Larger Uptrend?
- US Dollar forecast remains broadly bearish, but next price and sentiment moves are key
- See full analysis below in individual currency sections
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View individual currency sections:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar is on the cusp of its next major move. The obvious question: does it break down further or resume its much larger uptrend?
See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.