Has the US greenback topped, or is it simply resting? Battle of the development strains.
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The steep up development line for the USD seems to have been damaged. The caveat, for me, is the method to that horizontal one:
I’m positive readers of ForexLive can do higher than me, let me know within the feedback!
FWIW I’m suspecting that whereas the steep uptrend is over, it will faf round for some time earlier than establishing its subsequent path.
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Sticking this in too …. that first 12 months of Trump’s Presidency #1 was a downtrend for the USD:
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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