Get started
U.S. Dollar Index
Education

Convergences and Divergences

By montanniv
Upper chart shows the USIndex, the lower one the EURUSD. Many divergences took place (extreme on one not confirmed on the other one). That's why 91.92 on the Index is currently important. There is a potential bullish divergence with EURUSD having made a lower low recently, not confirmed yet on the Index. The breach of 91.92 would give a more durable tone to the current $ downtrend.
confirmationdollarTrend AnalysisUSD
montanniv

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.