graham.edwards84

DXY USD dollar index monthly projection

INDEX:DXY   US DOLLAR CURRENCY INDEX
This chart is tracking and projecting the 100 SMA on the monthly chart. Things are looking good for USD right now and it is undergoing a good rally but in my opinion we would need to see a break above the upper black trend line to break this pattern of lower highs and lower lows. More likely we will see a shooting star here and it will then resume the downtrend. JMO.
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