#usdollarfutures #ustreasurybondfutures
USD_ DXH20
Weekly – Second week of declining volumes. Trade pressures are up but declining. Volumes are Bearish.
Daily – In the new move down from the 99.10 level. Trade pressures are down. Volumes are bearish.
The next target down is 97.15.
A close above 98.78 would signal higher.
US 30YR T-Bonds_ USM20
Weekly – Big rally to new highs. Trade pressures are up. Volumes remain bullish.
Daily – Flat. At the 170-16 upside target. Expect consolidation and retracement. Trade pressures are up and overbought. Volumes are bullish.
The next target up is 174-13.
A close below 168-09 would signal lower.
{3-2-20: Closed on the short entry of 169-22. Stops at the 172-09.]
[3-3-20:stopped out at the 172-09 level.]