gold bounced back up to a resistance line this morning, eu sitting on a support line, and copper itching to break out up a channel.
it's not as simple as the eur driving the dollar, and the dollar is driving commodities, but there is a confluence of trend supports currently - they would all be back feeding into some quasi US dollar demand I'd suggest.
gold suggesting it could break upside of 1364
copper likewise - a bull flag
eur suggesting a bounce of channel support
i'm loose - am happy to go either way
usdindex update, page-3
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