US-Dollar … Chartwatch
As the US$ seemingly starts to accelerate its downtrend, here the monthly chart against the EURO.
Copyright by Tradestation
Long term downtrend of the US$ is intact and allows the EURO to rise between now and the year end to test the upper trendline to a level of 1,63 (now) and 1,70 (yearend).
The long term STOP is at the moment a monthly close below 1,43, the AGGRESSIVE STOP a monthly close below 1,51.
