riffster21

USD - Currency Barometer Update

OANDA:EURUSD   Euro / US-Dollar
Hi guys, the USD is over-sold at the moment. The USD does not 'usually' spend a lot of time at the bottom or top of the barometer. I expect a bullish bounce from the USD soon. We'll see...

Watch the USD pairs for key price levels. If the USD continues it's bullish push, watch to key prices for a bounce. This is a great way to trade over extended currencies. It is very 'unlikely' that a push will continue past/through a key price level. Trade the bounce.

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
Very cool man.
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ohhh i see like an index?
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what is this indicating exactly?
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@forexvert, the individual strength/weakness for each 'currency' (i.e. not currency pairs).
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