When the deleveraging stops, the USD will stop rising. No doubt...

  1. 4,005 Posts.
    When the deleveraging stops, the USD will stop rising.

    No doubt about it. The only issue here is, when will the delevarging atually stop?


    Answer that one and you will make zillions.

    Looking at the velocity of the rise of the USD, it is overbought on the weekly chart. But I have see these sort of instances in the past where the RSI needs to trade into a clear divergence. SO I think there is at least another 50% in it, I don't think the USD index will have too many issues trading in triple digits.

 
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