Dollar trying real hard to break out for some upside

Dollar is really trying to stay upfloat and breakout it's resistance zone (The blue line). It may well happen for a while, since on the weekly charts it's oversold, and still has room to go on the daily. But at the end of the day I have little doubt that the bigger trend remains bearish.

Kommentar:

This bounce should be running out of buyers somewhere around here. Silver seems anticipating the dollars fall