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A typical mundane Monday for the Dollar...

Long
TVC:DXY   U.S. Dollar Index
A typical mundane Monday for the Dollar and frustrating for both bulls and bears that might have been looking for more given that month end looms and Wednesday. Indeed, buyers were squeezed only a fraction short of 93.000 in DXY terms, but sellers did not get much mileage either as the index found a base at 91.71 and the Dollar attempted to break out of ranges in wake of an upbeat Dallas Fed manufacturing business survey. 93.30 is the anticipated rebound zone for the index and be careful of a sharp pullback from this price.

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