Tanalys

USDOLLAR Rolls Over; Massive Top is Possible

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent comments on the USDOLLAR have noted that “Despite the surge post Brexit, price action since March 2015 may compose a major top. Resistance extends up to the year open at 12139 and April 2015 high at 12162.” The index has rolled over from a key level from a trendline perspective. Price action since the first quarter could compose a massive top. For more, watch this video.

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