Well its crunch time for the US dollar bullish trend (unless of course we get a real nasty shake out), its time for the bulls to show up and rock the trend higher.
Why should the US Dollar go higher:
- ECB balance sheet is expanding faster than the FED
- Stock market top (maybe, golly gosh who would pick that)
- The misinformation around Greece just may get very real
Technically we are yet to secure a full fledge break out (mark up process), but things are warming up, so for the US dollar to maintain its healthy bull status the next few days should decide this debate.
Previous post: Bullish set up on US Dollar
