Is This a New Break Out in the US Dollar?

Dollar is the most important thing to watch. The way in the last two days that the uro broke to the down side is a red flag. In a weird way, it fits the narrative. If the stock market is going to go risk off, one of the most common characteristics is the dollar safe haven trade. I don't see any point in trying to fade this. It certainly looks like a lot of things ore setting up that we might, over the short to metium run and have a higher us.