Major Buy- & Sell-Signals for the EUR & USD

Posted by Stephan Bogner

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The USD index has been trending upwards within the dark-green trend-channel since 2008, whereas major buy-signals were generated at the apex of the red triangles as thereafter the so-called „thrusts“ started.


However, the goal of a thrust is to rise above the high of the triangle and transform this resistance into a new support – in order for a new upward-trend to commence thereafter.