Technically the USD index weekly chart has put in a bottom. We have had a break in the downtrend line. A breakout above that downtrend line. We also are completing what looks like a deep pullback which appears to be forming a higher low. The classic 1,2,3 chart formation. If we have a Friday close north of the 75.00 level we would have a bullish tone to the index. If close at 75.00 level then the market is slightly undecided about the further direction pending more data out of Europe.
At or above 75.00 is still a weekly gain.
Have a great weekend
At or above 75.00 is still a weekly gain.
Have a great weekend