DavidBelleFX

USDX Downside available.

Short
TVC:DXY   U.S. Dollar Currency Index
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6
USDX is looking precarious below 93. Potentially if US equities face increased downside we could see a rally, however looking at this chart technically, I feel we are in for a big fall on USD. PBoC are currently offering 2-3 yards of USD on their swap lines, potentially signalling poor future expectations.