TerminallyBullish88

$DXY higher low?

TVC:DXY   U.S. Dollar Index
Support found on 50% retracement of 2014 breakout. Higher low from 2018 (which was 61.8% retracement of 2014 breakout). Reclaimed 50dma, strengthening into EOY is still in the cards. No position.
Comment:
Lost higher low and 50day. last chance before retest of 50% retracement of 2014 bull move 91.79ish lost we see 8 handle.
Comment:
struggling to hold ground, note equity USD correlation is rolling over after being in high 90s on rolling 30 day basis.

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