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USD_ DXH21
Weekly – Slight lift off the 89.33 downside target. Trade pressures are up but flattening . Volumes are bullish.
Daily – Penetrated the down side support at 89.93 and started a new downtrend, but then immediately move up. Trade pressures are up. Volumes are bullish.
The next target up is 01.39, the new long entry.
Another close below the 89.93 would signal lower, once again.
US 30YR T-BONDS_ USM21
Weekly – The downtrend continues but last week had the first bullish bar in10 weeks. Trade pressures are down. Volumes are bullish.
Daily – In the move down form the 167-02 short entry. Trade pressures are down but rising. Volumes are neutral.
The next target down is 153-21.
A close above 159-10 would signal a retracement move up into the 160’s.