usdx is pushing against the 100 day ema. a close above makes a further eu drop likely. The eu rejected off its 200 day ema, 150 day ema and 100 day ema recently. the usdx in a opposite correlated rejection has its 100 day ema tested now. This may be indicating a trend developing one way or the other. atm the usd bulls have the upper hand to continue long term direction higher. That would push eu down to test support and likely deeper. I dont know the future. as long as the 200 is dropping with pa below. eu should remain bearish ..
w/o a change usdx 9678 or 9894 are my targets.
w/o a change usdx 9678 or 9894 are my targets.
those who can, do. those who cant, talk about those who can
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