From the Desk of Ian Culley @IanCulley
For weeks, I’ve been itching to call a top in the US Dollar Index $DXY.
Sentiment, volatility, and momentum thrusts have all suggested an end to the US dollar wrecking ball. But price hasn’t indicated any significant weakness in the structural trend.
The absence of confirming price action has made it impossible to take a bearish USD stance.
But that’s finally starting to change!
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