Since QE Forever by the Fed was announced on the weekend the USD has sunk, forming both a cup and handle and sinking through a medium term trend line. If support at the 101 level is broken then the USD could fall quite a bit.
We are now in a gloves off global currency devaluation war, and the Fed has removed the US govt's last constraint to weakening the USD. So ECB your move next....
We are now in a gloves off global currency devaluation war, and the Fed has removed the US govt's last constraint to weakening the USD. So ECB your move next....
