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USD_ DXZ18

Weekly – Has traded down to the 93.05 new short entry and stopped. Trade pressures are down into the neutral zone. Volumes are bearish to bullish.

Daily – The 93.35 down side short target was touched and acted as support. Trade pressures are up into the neutral zone. Volumes are bullish.

The FED decision to raise the rates another time created the week’s rally up to the downtrend resistance line. The next target down is 92.43.

A close above 95.46 would signal another move higher.

 

US 30YR T-BONDS_ USZ18

Weekly – Remains in the downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Stopped out of the short trade at the 140-16 retracement entry price. Trade pressures are down but turning up. Volumes are bearish.

Wait for volume signals to confirm any new move up.

The next target up is 142-01.

A close below the 139-17 pivot would signal a resumption of the move down.