Looking at an equally weighted index of USD vs. other major pairs shows that historically it is very near critical resistance which has signaled the top four previous times.
I like this view as it offers an alternative to DXY, which is so heavily based on the Euro.
Each of the four previous time USD neared this level a strong reversal soon followed.
Also interesting is that this level coincides with the 50% fib retrace from the massive decline starting around 2002.
I like this view as it offers an alternative to DXY, which is so heavily based on the Euro.
Each of the four previous time USD neared this level a strong reversal soon followed.
Also interesting is that this level coincides with the 50% fib retrace from the massive decline starting around 2002.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.