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After a long term uptrend (about 1 1/2 months) the U.S. Dollar Index is in a consolitation (daily chart) for the last few days. I will keep an eye on the upper trendline and the low,created on Monday, 21. June at the level 85.01. A new direction of the DXY0 - after creating lower lows or breaking the upper trendline - could give us some ideas for the related forex crosses.
Wait & watch, but stay tuned the next few days.
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owner of FOREX-PERT.com. I am an independant Forex Trader and Developper of Custom Indicators, Scripts and automated Trading Systems for the Forex Trading Platform "Metatrader 4 - MT4". As well i am the Author of the entire Trader's Blog and Developper of the Indicators found in the download section.