Michael_Macdonald-XATSUK

USD ETF UUP remains under pressure. Short in place

Short
AMEX:UUP   INVESCO DB US DLR INDEX TR
Break below 25.65 putting focus on the 25. 40 , (50%) Fibonacci retracement of the 2016-2017 rally.
An unexpected close above 25.65 will help to stabilise prices.

Bear signal from 26.15 intact.
Stop lowered to 25.71

Comments

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