The Dollar strength remains impressive as the bullish trend continues despite all the technical warnings from the bearish divergence signs. The Dollar index has reached the 61.8% Fibonacci retracement of the decline from 2001. This is important resistance. I remain bearish the Dollar index expecting an important top to be made.
A short-term trend change will be confirmed on a break below 100.65. A trend remains bullish but also very close to be complete. A pullback towards 98-99 is justified but longer-term bulls will only be worried if price breaks below 97-96.50 area.
