at the moment, the cycles are not looking good for a good USD rally.
Back to the drawing board.
CHF looks to be higher year-end than now. Perhaps by quite a bit. Next couple of months may be sloppy trade.
EUR may be carving out a low instead of the expected high this month. The TPTB may still have an
'overnight sensation" to create an outside month to keep us guessing.
The GBP is still looking down at this point, but, am having trouble factoring in seemingly contradictory information.
The JPY has resistance at .010175 and could then equal leg down again. Dragging copper with it.
My eye is back on .70 DX at the moment.
Believe the narrowing DX trading range will be resolved this year starting this Spring.
icd