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MacroVoices #325 Tian Yang: Is it over yet? What do the data say?
Macro Voices
Uro - Is the Ureau Breaking Out to a Support?
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The us. Dollar did break out to a higher high in the last sequence, but bounced off of its two thousand and 17 low. The real question is going to come in a week or two from here, where we see whether or not they have followed through after this little bounce. Only thing standing in oil's way right now is that os high. If it does break out, we could really see an acceleration of the oil move to the upside. Maybe at that stage we could see one 21, 25.
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