AUD australian dollar
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where to for the usd, page-5

  1. Heremes
    4,005 Posts.
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    16/11/08
    07:45
    Post #: 4502512
    It's in a stealth bull trend that's a little overbought as the 14-week RSI is trading in the 80's. However looking at past trends in the USD one can conclude the current uptrend is in its infancy of a multi-year bull market.

    We may see short term retracements from overbought levels as we have now, but generally speaking I would not short the USD.. in fact you would be CRAZY to short it.



    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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