Back in January I posted on a two-pronged reason for a lower USD:
- steep up trend line for the USD appears to have been broken
- first year of Trump’s Presidency #1 was a downtrend for the USD
Here’s a link:
I drew a maybe support line now, just under the current rate. Comments welcome!
This article was written by Eamonn Sheridan at www.forexlive.com.
