It was a much more eventful week for the US Dollar than it appears from the weekly bar. Last week printed as a spinning top but as price action played out, there was quite a bit of tension on both sides. The Greenback came into the week holding on to the bounce that started the week before. That bounce began after a support test at the 110.25 level which was a key spot on the chart given that it had previously helped to set resistance. The bullish run continued all the way into Thursday morning with the release of another CPI report that showed inflation in the US remained well-above the Fed’s 2% target. Perhaps ... (full story)