Dollar Headed to 85.3

Dollar Headed to 85.3

The dollar has dropped below trendline A, backtested and failed. It may backtest it again, but given that I expect SPY to hit 111.7, I am confident the dollar will fall to 85.3. At that point I expect a pullback in SPY, and a bounce in the dollar. I may exit my USO position at that point.

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