In this post I take a look at the US dollar and I want to show you the monthly chart and the potential support zone if things will head south:
Comment: You can see the ascending trendline above and if the USD were to touch that again, that could happen within the next 2-3 months and probably in the region of 86.
What will happen after this? Now that is the million dollar question, but according to Martin Armstrong, the dollar could surprise the majority and actually make a bottom and then start to climb again and go much higher. He believes that the dollar will rise together with the stock market and also the precious metals such as gold and silver.
Therefore, these coming months could be extremely interesting to follow...