the dollar is the safe haven trade. must buy dollars to buy T-Bonds. so both are up.
the 10 year Treasury yield has dropped from 4.013 to 3.625 in 20 days
DX –
long term the 83.829 target remains. the sell stop remains 79.73. the move up has overcome the downward time pressures. these pressures turn up May 11th, so could accelerate.
Daily –
reached a 83.285 target, the next target up is 84.13. showing some divergence here and time pressure down thru May 12th.
82.66 would start a short cycle move down to 81.77.