The Dollar index historical high

[fxstrategist]

The Dollar index has been rallying lately and breaks above its historical high at the 100.80 level. The bullish trend may continue, but the index is over-extended to the upside. Therefore, it is possible to see a bearish correction, which may take the index back to the 100 or 99 levels.

 

[gerryg]

The Dollar index has been rallying lately and breaks above its historical high at the 100.80 level. The bullish trend may continue, but the index is over-extended to the upside. Therefore, it is possible to see a bearish correction, which may take the index back to the 100 or 99 levels.

Yeah already sold greenback today, next week is red for US for sure

 

[forker]

Don't be to sure on that. Might be a pullback but definitely dollar positive

 

[gerryg]

Don't be to sure on that. Might be a pullback but definitely dollar positive

Yeah caught pullback but was forced to close with minimal gains as it went up later, dunno why optimism is so protracted..

 

[forker]

The USA economy is gaining momentum in recovery and interest rate hikes are on the near horizon