quantguy
Long

The Dollar is still King. For now...

TVC:DXY   US DOLLAR CURRENCY INDEX
The DXY             has been rallying like crazy the past few days. The higher lows indicated over the past week or so indicate a solid uptrend. The MACD and RSI illustrate that we still aren't over bought yet, so if you haven't gotten in, there still appears to be time. Profit targets can be garnered by the levels of support and Fibonacci levels anchored at the yearly high and low. There's quite a few news events tomorrow that could break this uptrend, but for now, king dollar reigns.
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