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USD broke out, perhaps to a new uptrend


US DOLLAR
3/29 DX AO CL 89.974 4/27 DX AO CL 91.542
 
April Review – “For the past few months, the US Dollar Index has been locked into a sideways trading range with a
slight upward bias. Currently the market is mid-range, leaving few clues from a technical point of view.
From an Astrological point of view, there are several big energy points in April. Key Dates – 4/2, 4/9, 4/13, 4/27 AC”
 
Results – 4/2 was a good short term low. 4/9 was close in price and one day past a good short term high.
4/13 was very close in price and one day past a good short term high. Score = 3 out of 3 good dates = 100%.
 
May Update – The US Dollar Index had been consolidating for several months, until mid April. From the
April low, the US Dollar index rallied to break out of it consolidation pattern and perhaps to a new uptrend.

Key Dates – 4/30, 5/7, 5/10, 5/16, 5/21, 5/29, 5/30, 6/1, 6/1 AX 

This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.

Author

Norm Winski

Norm Winski

Independent Analyst

www.astro-trend.com

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