Global markets are trading higher since the GDP numbers were released on Friday, pushing the US dollar lower across the board, especially against the Australian dollar as the RBA unexpectedly hikes rates to 4.75%.
However, in this free Elliott wave video review you will notice that US dollar is not headed lower only against Australian dollar, it also looks bearish against the Swiss franc and Euro which should break out of the triangle structure soon!
More US Dollar Strength? Elliott Wave Review
