No doubt – the $USD is on fire.  While it could continue to go higher in the short term, I see limited upside overall.

The bearish double-top printed over the last couple of years remains in play, as does the corresponding lower-low printed earlier this year.  Since then, I see a bearish rising flag that looks more like a continuation pattern setting up the next major leg lower, not the next move to higher highs…

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The USDU is also constructive:

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