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USD_ DXU23

Weekly –  In the November 2022 downtrend and testing the upside resistance. Trade pressures are now down. Volumes are now bearish.

Daily – Short. In the move down from the 102.77 break down.  Trade pressures are down. Volumes are bearish.

After testing the 103 upside resistance, USD breaks down on 7/7. The next target down is 101.09. The expected oversold levels are higher, now at 102.61.

A close above 102.50 would signal higher. The expected overbought levels are now 103.61.

 

US30YR T-BOND_ USU23

Weekly – In the October 2021 downtrend and still testing the upside resistance. Trade pressures are down but rising. Volumes remain bearish.

Daily  – Flat. Stopped out for a loss at 125-10 on 7/5 . Trade pressures are down. Volumes are bearish.

The next target down is 123-09 . Oversold levels are 122.23.

A close above 124-10 would signal higher.  Expected overbought levels are 128-00.

The expected oversold level is 123.50.