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USD_ DXU18
Weekly – In the move up. Trade pressures are up but have rolled over. Volumes are neutral.
Daily – In the second leg up from the 94.29 entry. Trade pressures are down but pointing up once again. Volumes are bullish.
Price move up to the 95.75 upside target then turned down.
The 95.32 level was a new retracement short entry inside the move up. The next target down is the June low at 92.82.
A close above the 95.81 level would resume the move up.
US 30YR T-BONDS_ USZ18 (roll to Dec)
Weekly – Remains in the downtrend but this weekly close is the fourth test of the upside channel of 2018; four tops don’t usually hold. Trade pressures are up. Volumes are bearish.
Daily – Flat. In a retracement move up inside the larger move down. Trade pressures are down into the neutral zone. Volumes are neutral to bearish.
In this retracement move up from the 142-27 level. The next target up is 145-15.
A close below the 25×5 moving average at 143-12 would signal a resumption of the move down.