Wink, charts for the dollar show it oversold but still falling....
While individial stocks and indices are overbought and still rising. At least in the short term.
Dollar index is below the 61.8% fib, and this abortive attempt to rally lasted just two days.
Perhaps it was in the vain hope of a rise in US interest rates by the Fed this week??
tuesday, page-30
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| XJO (ASX) Chart |