vincent_regan_cmt

DXY breaking higher beyond multiple trendlines

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
Multi year and multi month trendlines violated over past two months on DXY
This dollar weighted basket may be hiding specific weakness of the Euro vs USD.
Given some fundamentals of Euro banks and ECB, and also the multi-year cycle work of Martin Armstrong, bias long on US Dollar.

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