We have an old idea, saying that somehow Trump is making
DOLLAR weaker and weaker. Is this how he could make
America stronger and stronger? Trump definitely want a
to happen as this chart shows, at least the dark blue one.
On this chart, you can see DOLLARS possible to get a
support from 90, which is happening with DIV . 91.62
could b the higher end of correction. Next support goes down to 89.46.
Last week, we witnessed most currencies have their own resistance from the top, probably becoz DOLLAR found its support here.These correction could last for at least 1-2 wks.
Less is more!