The US Dollar is at a crossroads. It seems most likely it will complete a rounding turn and head downwards to form the beginnings of an inverse head and shoulder pattern. However, a sudden continuation upwards is always possible. In any case, dollar declines should be good for gold (which is also at a potential reversal point) and other commodities, and the Euro and other foreign currencies. Thus it is important to monitor.
To be clear, it appears the current upward trend it still intact.
To be clear, it appears the current upward trend it still intact.