If we next week plots a new low, we will have confirmation of a potential sharp decline to ensue. It's increasingly likely that is the case, after getting overbought readings and battling to cross a low on chart. A similar situation can be observed in the CNHUSD and AUDUSD chart. If we inspect oil , which looks toppy here, gold , copper and other assets, I think it's likely to observe a drop in dollar denominated assets accross the board.
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