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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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.