Almost a classic game of two halves for the Greenback...

Almost a classic game of two halves for the Greenback, and challenging from a chart point of view as early momentum pushed the Buck beyond key technical and/or psychological levels that looked likely to usher more upside for the Dollar against its peers and the index in tandem. However, this did not materialise and the tide has turned to the benefit of others to leave the Usd mixed and struggling to retain any gains vs rivals that are still underperforming. Indeed, the DXY now appears more prone to closing under 91.000 than reaching or breaching 91.500 within a 90.830-91.396 range, and closing below the 100 DMA (91.282) that may prompt more intraday or short term longs to bail out and reassess the situation as bonds continue to try and regroup, while stocks attempt to stabilise. Overall upside is still anticipated over the course of this week, so lets readjust tomorrow and see how to daily closure plays out.