Too much talk is out there that US dollar is done …dead… and so on. Looking at the graph which only make any sense in my view the story is a bit different. We are back in BUY zone and most probable scenario is US dollar rebound. We warned few days ago that EURUSD is vulnerable of brutal sell off after recent spike, EURUSD sold off 400 pips since then.
US Dollar – Back in BUY zone again