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mercoledì 13 settembre 2017

US dollar gets back into gear

The dollar momentum continues


The US dollar is at or near the best levels of the day, right across the board. With the gains, USD/JPY has broken above yesterday"s high to the best level since Sept 1.


A big test for the pair will be 110.67, which was the Aug 31 high. A break would end the series of lower highs that"s plagued the pair.



The bigger story is the relief rally in the US dollar. Or is it something more than that?


See a post I wrote earlier this week on whether or not it"s sustainable.


What needs to happen to make this US dollar bounce last


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US dollar gets back into gear
US dollar gets back into gear
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