The DOLLAR INDEX
has crossed an important high (84.500) after positive US employment reports (Friday 5th of July 2013). The up-sloping median line
has also been crossed and the price projection is now towards the upper parallel (86.000-87.000). Next week (w/s mon the 8th of July) will be probably be bullish
for the US dollar
with major impact on the other currencies and commodity prices.