No big run to Dollars yet…
The USD is still not strengthening overall and is for the most part range bound. So long-term trends for the most part, are still holding. Break-outs loom on some currencies but I would be leery of a sudden reversal in them such as the AUD and NZD.
USDindex – New bottom still possible (Almost expected)
EUR/USD – Could be forming either a triangle or ending diagonal
GBP/USD – Did not break key support at 1.60
USD/CHF – No clear break yet
USD/CAD – Could be forming a triangle and continuation pattern. New lows are not out of the question
AUD/USD – Topping? or break-out?
NZD/USD – Topping? or break-out?
USD/JPY – Not clear direction