Uncle Buck at the Limit

The previous post shows an indicator that will break down if USD holds last – and I mean last – ditch support before the express elevator to 89.  But Unc is not looking so good in his own right.  Sooner or later I expect 89 on the USD index.

usd

Current support includes more than just the puny spike down to 92.52 in mid-2015.  There is long-term support in that area from way back in 2005, fwiw…

usd.mo

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