There have been two signals from different currency pairs involving the US$ in the last few days – both of which indicate that the recent $ rise is over:
Although there have been no signals in the ‘major’ US $ pairs (meaning against the Euro, Yen and possibly the £) it seems reasonable to expect that the $ will now weaken a bit and this could easily be the point at which the major trend resumes. It has been downward for almost a year.
We would advise buying some currencies here.
All signals courtesy of software supplied by our friends at Parallax Financial Research www.pfr.com
