Sunday, April 29, 2012

Dollar Producing a Series of Higher Highs and Higher Lows, Cycle May Break Pattern

Recently I have been advising members of my service to be cautious as the market appears to be at a major crossroads. The U.S. Dollar Index is on the verge of a major breakdown. If a breakdown occurs it will be clear that the Federal Reserve will have officially stopped any potential rise in the U.S. Dollar. 
Over the past few months the Dollar has been producing a series of higher highs and higher lows, however the current cycle may break the can be seen here.

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