***USD index bumped into 50 day SMA, still appears bullish for the short-term, this is usual action that precedes a breakout above the 50 day SMA in my honest opinion... We'll now look for a possible pulldown to the 10 day SMA, or a pause here below the 50 day SMA until it's ready to bust through... I'm looking for a minimal target of $94+ on the USD index should it break past the 50 day SMA next week (with conviction)...
Also for future reference, I'll be watching how the MACD acts on a breakout, it potentially may create a head & shoulders top as the USD Index tops out in the weeks or potentially month(s) ahead...
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