The short-term picture certainly reveals a change of sentiment. By mid-August, the US Dollar Index had in fact fallen to less then 87 points from where a rather feeble counter-movement got under way which ended at 89 points.
Once the Index falls through the 87 point level (as it is now on 86.25) and stays there, it will take likely drop to the 84 point level.
Once the Index falls through the 87 point level (as it is now on 86.25) and stays there, it will take likely drop to the 84 point level.
