Today is the last trading day in October, and the US Dollar has been bought over the last few day into month end, which may conclude after the London fix (11:00am ET). What happens then? Will the US Dollar reverse and continue with its longer-term decline when November starts? Heading into the trading day, the DXY has broken out of the top of a descending triangle. This is not typical of this type of formation. Traders will have to be alert that this could be a false breakout and may head back down towards the downward sloping trendline, which will be first support near 93.25, then the recent lows near 92.50. Support ... (full story)