Otto pretends to be interested in technical analysis due to a request from reader ‘TB’ who wants a thought or two about today’s US dollar rally. This 30 minute candle of the December USD futures contract shows it nicely:
![](http://2.bp.blogspot.com/_7Se7iswAanA/SuX2qD7ih9I/AAAAAAAAJpE/ThB3AXsGnT4/s400/dollar2.png)
But by continuing my chartist pseudolurve, this daily candle says that what we have isn’t a game-changer yet.
![](http://3.bp.blogspot.com/_7Se7iswAanA/SuX2p9b4ijI/AAAAAAAAJo8/3nAW-OrQ95Y/s400/dollar1.png)
Personally, I’m more interested in the way miners reporting in Loonies or Pesos or whatevers will get a benefit from a strong dollar compared to their home currency. But hey…that kind of thinking is far too logical for this market.