Wednesday, July 26, 2017

"U.S. Dollar; Triple support test after rare 30-week decline"

From Kimble Charting Solutions:
From 2011 to the start of this year, the US$ has been pretty strong, as it rallied nearly 30% in 6-years. Over the past 30-weeks, King Dollar has been rather weak.

Below looks at the US$ over the past 18-years, with 30-week performance applied-
King Dollar has declined over 9% in the last 30-weeks at (1). As one can see, this sharp of a decline in 30-weeks hasn’t taken place a ton of times since the late 1990’s....MORE 
DXY 94.04