Silver, Dollars and... Trends ...

[Bratucu Ion Cristina]

Lately the dollar began to lose ground, after winning more than 20% in the last 5-6 months!Personal setupuri follow two highly correlated with the dollar, namely Silver (or XAGUSD) and USDSGD!

The Silver seems to be a base on USDSGD was pierced support and we will see what happens next - confirmation or false breakdown?

Lately I have had many false penetrations! But fundamental standpoint, if the dollar weakens, the position is likely to be confirmed. We will follow their evolution.