Any thoughts on whether the US dollar will hold at 94? This key support area was successfully tested 4 times in 2015 and held (in May, June, Aug, and Oct), so this will be a key test coming up for the dollar.
If it breaks 94, then it's a comparatively long way down (for a currency), with next support on the chart being 90 and then 87, and then the trading range from 2011-2014 which was 80-87.
With the Fed cooling on their rate increase plans, it might be difficult for the dollar to maintain the elevated levels it has held since late 2014. Should be interesting, and could have a significant effect on gold/silver prices and the other commodity sectors.
