Over the last few weeks the USD index has continued to consolidate in a relatively range, but one with an ever increasing bullish bias, as evidenced by the series of higher lows which are now beginning to form into a strong pennant pattern on both the daily and weekly charts. In this video I look at the key levels for the dollar index and the possible break out levels which could then trigger a more sustained bullish trend for the US currency in the longer term.
About Anna 1036 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.