With several days left in the month of July, anything can happen. By mean 'anything', I mean Trump wanting a weak dollar, trade war, raising interest rates, and so forth. So we take a look at the USD chart to give us a hint as to where the Greenback could be heading in the near future. First, we look at the monthly and there we see a possible dark-cloud pattern; however, as I've said in the beginning, it could easily turn bullish at the end of the month. On the other hand, we'll anticipate more downside in days ahead.
Happy Trading, folks!
Cheers!
Happy Trading, folks!
Cheers!
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