quantguy

DXY Regains Highs

Short
TVC:DXY   U.S. Dollar Index
The US dollar has climbed right back up to highs, as yields have picked up. It is currently testing 100.98 breaking just above it at the time of this writing. This level is significant both technically and psychologically as it is very close to 101, a new handle for the DXY. We are actually currently testing the 101's. If we reject these highs, then 100.46, 100.04, and 99.82 should provide support. Our next target is 101.39.

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