Today the USD Index broke out further to the downside. It is currently at 91,59 and that is the lowest it has been since January of 2015. Here is the daily graph:
Comment: As you can see, we broke out from the last low 7 days ago. So, the downside is pretty big here. Here is the monthly chart:
Comment: In this chart we can see that it is possible for the dollar to fall back to the 84-85 level and that would be quite a dramatic fall.