This Weekly chart of the US Dollar shows that it hit its long term support at 74.50 nine weeks ago, which should enable the Dollar to gain traction for the upside … it did.

Note the weekly support level at 77.86 with the Dollar now above that level. The Dollar continues to gain strength, which should take it up to the 80 – 82 level where it will meet its first important resistance. Let us continue to monitor …

Daniel S

Brazil