quantguy

The US Dollar Rebounds

Long
TVC:DXY   U.S. Dollar Index
The US dollar has crept up, pivoting off our level at 109.47. We have now encroached into the 110's, but have not quite made it to our level at 111.37. A red triangle on the KRI suggests that we are running into resistance. If we can keep pressing forward, 111.37 and 111.66 should provide resistance. If we retrace, then we should continue to see support in the 109's.

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