The US Dollar's recovery is beginning to stall as key market forces such as interest rates, commodities and equities have all seemed to have temporarily based since failing to extend recent losses. Despite Thursday's succesful defense of the 20-day MA and key psychological levels such as the 80 handle (DXY) & 1.40 (EUR/USD), key trendlines remain under pressure. A clean break of 80 & 1.40 will refocus last week's swing pivots (79.40 & 1.4137). A false-break, however, will refocus the 35-day exponential moving average (DXY) and the head & shoulders neckline at 1.3813 (EUR/USD).
