Just for consideration...can go either way... Either continuation to upside or its putting in a top for a retracement. Currencies also at inflection point.
Comments
smb1721
⋅
My personal longer term view is that Dollar Index will trade 120, if not higher. But these moves take a long time 12/18 months with (to state the obvious) many gyrations along the way.
smb1721
⋅
As we know markets discount news, especially revisions. If the GDP revision was so bad why hasn't the DXY index come off fast..It's all about future expectations of the crowd.
As I said, this is for consideration.