Tuesday, October 25, 2016

Dollar Breakout Confirmed

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*We wrote October 10th that we saw the dollar breaking out.
*It has confirmed.
*We give stop loss targets to watch for a change.




We wrote a report on October 10th called, "We Could See A Breakout For The Dollar." Since then the dollar has continued higher. There are several key reasons which we will review.
Key Reasons For The Dollar Move
*Investors pricing in a US rate hike this year.
*Possible currency safe haven after pound free-fall
*Less inflation concerns in US of late
Let's Look At The Chart
Source: FreeStockCharts.com
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