DXY breaking out of possible 3-4 yr bull flag, we take out the 2015-16 highs look to top of RED channel 108.85 range breaks that channel then upper level to 2002 highs is possible 121. Over that well then for insanity 160? yeah I know nuts. But DXY USDollar "cleanest" dirtiest shirt syndrome. I'm looking for the demise of the EURO, look to BREXIT, Italian Banks, DB - Deutsche Bank, Elections in Germany, Greece, too many possible holes in the boat.. if they show up. DXY last push as it looses it's Reserve Currency status.. a nice ballon top? Anyhow, something to think about something to watch. DXY goes, gold will get hit very hard. I have long term charts on gold looking for .. I know .. sounds nuts.. but $750 to $450 an oz in USdollars, other currencies no. fwiw.
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Key Levels are close 20month / 50month SMAs
95.44/.30 ... DXY is nearing 200d SMA just 0.40 to go. .over 200d next is 50w at 94.12 then the monthly SMAs
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.