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DXY must hold 9900 closing basis [Video]

Dale J Pinkert Independent Analyst

Trading: Coach explains why the DXY must hold above the 99.00 level on a closing basis, highlighting the key uptrend line currently being tested. He also breaks down the USDJPY intervention break and what it could mean going forward, while outlining his expectation for AUDUSD to rally toward the 0.7100 level. In the Risk On segment, Coach teaches the fundamentals of Wave 4 Triangles, discusses why the NAS100 is not confirming the SPX breakout, and analyzes bank stocks using XLF and KRE as market proxies.

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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DXY must hold 9900 closing basis [Video]

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