Chart Of The Day - The Dollar Should Break The Up Trend Line

Between now and the employment report the dollar should break the up trend line, and break below the Aug. 18 low at 94. The BoJ and the ECB will try to keep their currencies suppressed but in the end I think they will fail.

Between now and the employment report the dollar should break the up trend line, and break below the Aug. 18 low at 94. That would confirm an intermediate degree decline has begun. The BoJ and the ECB will try to keep their currencies suppressed but in the end, I think they will fail. 

(Click on image to enlarge)

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