Dollar Finally Ready to Bounce?

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Every since 2017 began,the US dollar has had the stuffing knocked out of it. I wanted to point out that the dollar, as viewed through symbol UUP, is getting very close to the lowest levels of the past two and a half years. If this double bottom holds, we could get a nice bounce (which would drive down the price of gold in a big hurry). I’m playing this by way of an FXE short (that is, the Euro), which I entered about an hour ago.

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