everyone is absolutely positive the dollar is going lower; and the next target down is 73.59.
But the indicators are diverging from price, and the precious metals made a high and closed lower today.
the new long entry would be a close above 77.08.
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the 30YR bond is turning down with the next target down at 119 30/32.
theĀ indicatorsĀ are oversold. the move up would be signaled by a trade thru 120 14/32.