The 1.1 handle is holding as a strong support. And even with all the positive USD news it wouldn't break. I see a good bounce coming to the upper end of this long term down trend.
DXY is hitting a couple resistance lines now. I see it cooling down next couple weeks to the 97 area.
I think there is a lot of reasons to take the DXY higher over the next few weeks. a good sign will be the news Friday morning.
A lot of confluence right now. look for a good entry price signal to go short.
I think the kiwi will hit the decline now or after one last burst up.
May be soon time for the breakout
Loonie down to continue ranging
Hard to argue with this set up, take it for about 40 pips
I see the dollar at least needing to cool off down to 97.50. if it follows a trend reversal look for it to make new lower lows to match the lower high.
Look for a good entry for DXY Sell
I think there is one more leg up to the major resistance.
I think a safe bet this ticks up given the strong divergence signals.
Hitting a pretty tough spot right now. Hard to argue against a looking for a buy to at least 99.50 in the coming days.
Lot's of reasons to take the EUR/USD down for the next few days. See chart
pretty solid set up to see the EUR/USD go back down to 1.0950