USD's next move, please vote

Up or Down?

  • Up towards 88 zone

    Votes: 34 55.7%
  • Down towards 71 zone

    Votes: 27 44.3%

  • Total voters
    61
Quote from bkveen3:

I think the EUR/USD will be range bound in the 1.30 to 1.34/36 level for a bit. Next week or so.

IMO that is not likely, again just IMO. This is a pivotal area and therefore decisive action, either way, is normally required. That's why I decided to start this poll now, we either get to 71 zone or continue drifting upwards towards 88 zone in USD index.
 
Quote from JSSPMK:

I am not going to post any charts or quote any analyst's opinions. What is YOUR opinion on next move in USD?
Shouldn't you just ask deadbroke? :D
 
Quote from JSSPMK:

IMO that is not likely, again just IMO. This is a pivotal area and therefore decisive action, either way, is normally required. That's why I decided to start this poll now, we either get to 71 zone or continue drifting upwards towards 88 zone in USD index.

I think that there will be a lot of liquidity and so price will chop around this zone for a while. I play the different support and resistance throughout the zone and try to ride a trade to a break out when the energy looks there. My timing is just a guess really. It could break out at any point like you say. I try to trade in a way that my timing on break outs is less vital to my success.
 
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