Mongo,Good observation on the USD, and while the upside was...

Mongo,
Good observation on the USD, and while the upside was limited last night and it retraced, do you think that it might be because it hit and slightly went through the upper bollinger band - generally a market will only trade 3-5% of the time outside the bollinger bands I'm told (still learning TA - never stop actually)

However it does seem to have broken out of the descending wedge, so maybe retracing slightly to test the upper line of that wedge. But what I did notice on the weekly chart is that the stochastics have moved out of an embedded oversold status, so some strength may now start to appear from technical trading - not fundamentals. Back up to the 80 area or more perhaps??

Will be interesting.