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Home Foreign Exchange

Breakout or Fakeout? The USD moved to new multi -year/multi-decade lows. Can it continue?

currencycoach by currencycoach
September 18, 2022
in Foreign Exchange
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Breakout or Fakeout? The USD moved to new multi -year/multi-decade lows. Can it continue?
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Breakout or Fakeout? There are reasons to see the USD moving even higher after 4 currencies made new multi-year lows vs the USD last week. Can the USD buying momentum continue in the new trading week?.

In this video, Greg Michalowski, talks of the breaks and why they occurred and then looks at the technicals that will keep the momentum of the break going OR fakeout the dollar buyers – at least in the short term.

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Tags: BreakoutcontinueFakeoutlowsmovedmultiUSDyearmultidecade
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