$DXY back to 102
Updated
DXY looks like it wants to go back to 102, almost 103. Downtrend was broken with gusto; multiple bullish candles to confirm the change in trend on the monthly chart. Looks primed and ready to hit 102/103 and most likely surpass those levels after contending with it a second time.
This will most likely be a headwind for emerging markets. So it may be prudent to trim or hedge there if you have holdings.
Comment
DXY may be heading back there now, just heading down this time.
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