It's in a stealth bull trend that's a little overbought as the 14-week RSI is trading in the 80's. However looking at past trends in the USD one can conclude the current uptrend is in its infancy of a multi-year bull market.
We may see short term retracements from overbought levels as we have now, but generally speaking I would not short the USD.. in fact you would be CRAZY to short it.
It's in a stealth bull trend that's a little overbought as the...
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