Daily Engrbytrade™ short term calculations continue to indicate the U.S. Dollar is under accumulation. As of 06:56 AM EST the US Dollar held a 68% bullish rating over the last three days. It is not reflected in news reports indicating traders are planning to continue selling the Dollar. This ongoing accumulation period is expected to provide a move higher, just as it did in 2022.
Stock chart courtesy of StockCharts.com.
