Here is a short-term analysis on what we can expect from the United States Dollar Index for the third (of four) full trading weeks in August, 2022.
Looking for net pushes IN-trend (higher timeframes!) on pairs like EURUSD, GBPUSD, and major US stock indices. A retest toward the most recent high's of the index should be anticipated (at minimum) over the next week or two..
Until the index can close below 105.0 on a 24H candle, I am confident using this publishing as reference when it comes to participating in the markets this week.
Bullish on USD for the next 2 weeks (fed rates rising long term = short on XXXUSD pairs)
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