Patrick Reid

#DXY 10 years The overnight weakness took us through 100DMA and 200DMA which could indicate renewed G10 followthrough. As you know EURUSD is largely responsible, then USDJPY and finally little old CABLE. USDCNH still holding below 6.7000 - adding another piece to the USD bearish jigsaw But I'm getting ahead of myself. Sometimes it's good to take a step back and look at the big picture. This is 10 years showing the WEEKLY. Not so bearish now ? IF we break 95.50 then 95 looms large. I suspect there might be a few lumpy bids down there for cheap USD

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