The end of the quarter finds the dollar at levels last seen in mid-Oct. 2015. But more relevant, is the fact that the price structure is pressing into a key support zone between 94.30 and 92.60, which if penetrated, will argue that the Dollar Index has completed a 12-14 month Top Formation.
Such a set-up will trigger a medium-term, downside projection into the 88.00 target zone and will remove stiff head winds from the dollar-denominated commodity space.