King Dollar

It looks a though the falling dollar has found a bottom and has reversed trend here by breaking out if its base it settled into back in March. The dollar will meet resistance here in 75-77 range
but should it break 78 on strong volume it will go much higher.
This is good news and will likely lead to other well received items such as lower oil barrel prices, which we have already seen. The price per barrel of oil should fall to around 109, which is likely a pit stop on the way to 100, where massive resistance is in place.