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US Dollar Index Hanging Tough

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The DXY updated……..

I and NFTRH subscribers have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July plunge as a bear trap and going bullish again. We’ll leave the detailed implications aside in this post and simply note that the process is still evolving.

From this NFTRH+ video update (now public), that projected the up move on July 19:

USD can break through it [clear resistance at the time, now support] and test the SMA 50 and still remain in a downtrend.

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