posted on Sep, 6 2011 @ 08:33 AM
i can accept your theory that the dollar will gain strength from it's present mid 70s to perhaps up to 80 before it eventually plummets
i do not follow the technicals, or even hold them as accurately reflecting the value of the USD
see, since before QE1, the traders, HFTs and powerful market movers have tweeked the results
the 'technicals' you are trusting as IN & OUT indicators are just contrived figures.
in the near term it will be the uncertainty of the Euro & the EU that will help support the USD, it will also be the continued role of the USA
guarding all the trade routes & sealanes that makes the USD a 'stable' force in the world of trade & finances.
of course if the USA oversees and secures the nuclear arsenal of Pakistan... then the'worthiness' of the USD against all other currencies will
skyrocket.... it is this absence of enforcing peace that lets the moneychangers cause the decline and rise of the USD--- traders not Investors rule
gold Rubles...gold & asset backed Renmembi/Yuan...or even a BRIC & OPEC & the Asian Co-operative issuing a replacement for the petro-dollar...and the
decline of the USD to the low 60s after 2015 at the earliest
edit on 6-9-2011 by St Udio because: (no reason given)