Currencies: Big Picture

USD index found long-term lateral support as did its pairings with the usual suspects. We noted this support months ago and there is nothing surprising here.

But Uncle Buck has not yet firmly established new up trends. The Buck is bullish until proven otherwise, but shorter-term charts will be needed to gauge any pullback potentials. As of now the daily chart is intact (but a bit suspect) despite today’s pullback.

currencies

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