No. not really. It’s a matter of (bearish) perspective as the 80.00 level remains elusive and ready to put on the pain if the bulls venture toward it. The level has been broken but momentum faltered soon after. If you’re looking at the shorter-term, intraday charts of the day, the dollar’s weakness seems much more impressive than it really was as compared to the shallow pullback seen on the daily. The (bullish) dollar perspective is that we’re looking at a morning following a record-breaking shopfest filled with more Black Friday deals (that seemed to start Wednesday no?), pepper spray, and ... (full story)