The US dollar was able to close over the 10-day average on Monday. Overnight, the dollar futures have drifted lower and are testing that same moving average. A push over the Monday high would likely trigger further momentum buying and set an upside target near 109.
Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.