Tuesday, June 26, 2018

USD US Dollar Index Daily Chart; Golden Cross

The euro prints a death cross so the US dollar index prints a golden cross with the 50-day MA crossing up through the 200-day MA (the euro and dollar move inversely to one another). Typically, price would be expected to drop after the golden cross but the dollar will trend higher for weeks to come if the 50 remains above the 200. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

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