Update on the US Dollar: Aug 29, 2017

It’s been a dizzying drop for the dollar since falling through support last April.  This morning, it reached our next downside target from last June [see: All About the Dollar.]

Back then, DXY appeared likely to bounce sharply.  But, the bounce was short-lived, and DXY has failed several subsequent tests along the way.

Has it finally found lasting support, or is there more downside ahead?

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