We are already receiving research calling for a REGIME change for the USD. That is possible, we could see one, and I posted a piece yesterday that supports that thesis, but it is just that, a thesis. For it to be PROVEN we need levels to break.
We will know where the market stands shortly. The DXY has a pattern, the USD should weaken a bit more, 150 – 200 bps for the real questions to start. This is tremendously important and we need to watch very closely. Will post EUR chart shortly.