Watch the dollar index as it continues to thrash about with a 79.70/80 one the top side and 78.30 on the bottom.
A break of the 78.30 base opens the way for a further decline toward the 77.52 level posted earlier this month. 78.36 is support which come sin just above the aforementioned 78.30 bases, amplifying the importance of that area.
The index trades now at 78.67 based on the September contract.
