The US Dollar Index has reversed above a prior support level that was acting as resistance, signaling a false breakdown of the July weakness and re-establishment of the year-long consolidation range; the next big tell is whether the dollar can rally above 103.75.

factualpending

Speaker

Eric Townsend

Evidence Quote

“false breakdown reversing above the prior support level...next big tell is whether the dollar can rally above 103 spot 75”

Source

MacroVoices #387 Jeff Snider: On Deflation and Soft Landing— Macro Voices
Created: 8/12/2026, 6:18:11 PM

My Notes

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