USD Index Now Close To 3-Year Highs
Petros Steriotis | Oct 26, 2014 01:37AM ET
The US Dollar Index is close to its three year highs. The weekly trend is up as long as support stemming from 2013 highs at 85 remains intact. Next long-term key levels are September/October highs at 87, before the 88-90 area that dates back to the years 2008-2010 of the financial crisis. We will have to wait and see when dollar strength will start to bother the Fed.
US Dollar Index, weekly chart:
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