The US Dollar has been trading right in line with the technical signals making it easier for us to forecast the price action. UDN moves inversely to the Dollar and it’s not bouncing off of a well-established trend line. Our goal is to buy into it at the market (around 22) and ride it up to the resistance target price, which I’ve highlighted on the chart for you.
To gain access to the PDF download and video, sign up for
an Equity Oracle Subscription!
