Can the dollar continue to rise?
Many people ask me, if can judge a trend reversal?
I answer: do not have to tangle about whether the price is reversed or not. If the price rises too much, it will inevitably turn into a reversal.
At present, we judge that the rise of the US dollar from a small level is benign and healthy, so there is no need to worry about whether to go back from the new decline, because we can see from the small level of 5 minutes that it is good for the rise. So we must continue to be bullish on the rise of the US dollar. Yes, we are all optimistic about the dollar this week.
I answer: do not have to tangle about whether the price is reversed or not. If the price rises too much, it will inevitably turn into a reversal.
At present, we judge that the rise of the US dollar from a small level is benign and healthy, so there is no need to worry about whether to go back from the new decline, because we can see from the small level of 5 minutes that it is good for the rise. So we must continue to be bullish on the rise of the US dollar. Yes, we are all optimistic about the dollar this week.
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