Just a thought
The dollar has been losing some steam, but I am concerned about the monetary policies of the US. I am simply noting that there is some technical reasons for a pullback to this zone. If the dollar holds the Senkou then we could see a real thumping of associated pairs, but I don't know what will happen. The lower timeframes are pointing to pullbacks or corrections. On the Weekly though, a bullish break seems likely. There has been a real fight (volume) to bring strength back into this, note the extraordinary spikes beginning in late April. This is going to effect all the US pairs as well as metals. We shall see.
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