Popular Posts

Tuesday, January 30, 2018

The Most Important Chart in the World is in Serious Trouble

Love it, or hate it, the $USD is the reserve currency of the world. So what happens to it is of MASSIVE import to the rest of the financial system.

With that in mind, take a look at the below chart.
This is looking more and more like a “false breakout.” False breakouts are dangerous developments because they usually lead to violent drops.

In this case, the above chart suggests the $USD could collapse to the high ‘70s in the coming months.

More

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.