12/08/2014 – US Dollar

March US dollar index:

1. On both Fri., Dec. 5 and Mon., Dec. 8 it was noted that the March US dollar (then trading at approximately $89.57) would likely decline and test $88.80 into Wed., Dec. 10 (+/-1 day).

2. Although no official short entry was issued, today’s March US dollar completed the forecast decline to $88.80 (today’s session low, $88.80, so far). This is an important downside completion. Will message any further entry or indication in the US dollar index.

David Williams