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.
This article was originally published by Forexlive.com. Read the original article here.