USDX DAILY CHART – USD UNDER ATTACK
I am taking a look at a USDX chart as the USD is down vs. all major currencies as the JPY has joined in as it follows the drop in US bond yields.
As I have noted, with the EURO 57.6% of the index, I look at USDX as a proxy for the currency.
To confirm what I am seeing in the EURUSD, a break of 104.61 would be needed.