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Strategies & Market Trends : The coming US dollar crisis

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To: John who wrote (57153)3/10/2015 12:53:38 PM
From: Horgad  Read Replies (1) of 71463
 
The dollar is right at about at 50% retracement of the drop from late 2001 highs. Also there is some resistance at this level back to the early to mid 90s. Lastly the up move certainly has gone vertical. So technically this looks like a very good time for the rally to die or at least take a breather.

However, fundamentally something has to change / mark the top or there is no good reason to stop here. As long as the US dollar and related remains viewed as a bastion of economic strength and the safe haven of safe haven and others keeping easing, the sky is the limit.

Lets watch and see if technicals and fundamentals manage to find a way to intersect at this juncture or not...
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