USD is teetering. The DXY is nearing a critical support level – the 200 Week MA..
Below the 200 Week MA, we can’t find much in terms of nearby support. It is so critical that I feel DXY has to bounce at that level. . I could be wrong & the DXY could crash through but I vote in favor of a big bounce at the 200 Week MA.
A break of support will have major implications for the stock markets, treasuries & gold.