OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

USD

Posted by goldielocks @ 14:35 on June 23, 2023  

Roberts chart

It’s still in a down trend but forming a reverse head and shoulder. It hasn’t broken out of a down trend yet it you draw a diagonal line from last yrs late sept high which is on about the same place as the red second arrow on the red broken line above the HS formation it should break higher to signal any break out in the dollar.
I bet the Fed is watching it too. They have  only one tool since the WH wants to bleed our money they have to wreck the economy to bring down inflation and we have  to pay for it,

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.