Yes, the USD daily turned down today after going a bit above the .50 re-trace level (spike high of 109.8 not shown on this chart)
stockcharts.com[h,a]daclyyay[db][pb50!b200!c20!d20,2!c50!c200!a111.31!a108.09!f][vc60][iub14!la12,26,9!lh5,5!lp14,3,3!ll14!lg!li10,10][J6472494,Y]&pref=G
On the weekly USD chart, the price action today turned back at the 20EMA mark around 107.30, and the full stochs are kind of stalled at the 50-level. If that does a d-blow, that's another indication our rally has come to an end.
There is still an outside chance it could go to 108.09, but it does not appear likely to happen prior to a re-trace:
stockcharts.com[h,a]waclyyay[de][pb50!b200!c20!d20,2!c50!c200!a111.31!a108.09!f][vc60][iub14!la12,26,9!lh5,5!lp14,3,3!ll14!lg!li10,10][j6472495,y]&listNum=1 |
