US Dollar Coiling For Upside Breakout #USDollarIndex
—>NewsWhile central banks – China, Japan, etc have been selling US Treasuries to put a lid on the dollar rally likely, they’re spitting into the wind of market forces. Intervention buys only a little time against market forces that ALWAYS win without exception. The COT Matrix highlights an extremely weak focused Q1 bear opportunity, one that’s building energy or ‘coiling’ for an upside…
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Source: http://edegrootinsights.blogspot.com/2016/09/us-dollar-coiling-for-upside-breakout.html
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