Dollar Index goes higher and at 83.25 a major level to either have a short term sell, or should you just get out of the way and watch to see if it can break multi-year resistance.
I think it can break above resistance, especially as we now have a buy the U.S.dollar “under any scenario” approach.
Risk off, risk on, stronger growth = stronger housing = less Fed.
Or
May/June seasonal market dislocation and disruption = risk off = Buy the U.S.dollar.
Or
More European Union elections = buy the U.S.dollar
Or
More Bank Of Japan intervention = Buy the U.S.dollar
