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US Dollar - Update

May 20, 2025

It's been a month since we last posted on the US Dollar.  Nothing has changed that much, which doesn't bode well for the USD bulls as this certainly looks like a 'dead cat bounce' off the .382 from the all time low on the USD.  That being said, we have a near 'perfect' BUY pattern a little lower.  Folks, this is the make or break level for the USD. Not only do we have a ton of confluence at this level, but we also have the RSI 'cliff of support' staring at us.  The RSI will respect bullish and bearish zones and, as you can see, it's been pretty accurate for the past 16-17 years.   In my humbled opinion, this is THE KEY level for the USD moving forward.

USD - the KEY support level