Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: USD Low Gels Dec Risk Peak and more

In today’s briefing:

  • USD Low Gels Dec Risk Peak

USD Low Gels Dec Risk Peak

By Thomas Schroeder

  • We have outlined our bullish DXY zone at 103 but what if the dollar front runs a bull turn as the bulk of near-term yield weakness is baked in.
  • USD lows versus Asian FX shows the ability to turn USD bullish early.
  • SPX rise off of 3,900 pivot support after cracking RSI and price wedge supports a concern if we cannot muster a near term reaction rise.

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