USD Chart from Yesterday
Posted within yesterday’s mid-week update.
Did the top of my Blue Fork price channel really provide resistance and turn the USD back down? What I do know is that price often does move in parallel price channels and that is why I track them in my work.
A close today below 96.10 will likely signal a short term top in the USD. Also, a lower low than mid-October would likely be bearish longer term. Time will Tell.