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A couple of charts side by side. On the left, one that I posted a few days ago. On the right, the latest update, showing what’s happened since.
So the big question is, what’s next for King Dollar ? Recovery, and upwards past 100, or steady decline, failed cycles and on to 90, 80, 70 …?
Timberrrr
Rising wedge implied measured move is the beginning. So.. about 89 for this pattern.
Well, my own views are well known, so you won’t be surprised to hear me say I agree with that.
Thanks for all the charts this weekend NS.
Very welcome Aurum Maximus. It’s going to be another interesting week ahead.