Checking out longer term views of the US dollar

Doesn't hurt to take a look at the much bigger picture from time to time. Here I'm taking a longer-term look at the U.S. dollar. Up until now I've been assuming that it tops out fairly soon, and then rolls over to new lows. And yes, that can happen. But there are Fibonacci retrace level reasons to think it has objectives at 90 (.382 retrace), and then perhaps (less likely depending on pattern, but perhaps) at higher levels like 96 or even 102.

I'll have to take some more time to check out possible Elliott Wave chart patterns on the big picture in the dollar. For now, here's a monthly chart. You can see that some of the Stochastics and RSI indicators are still showing strong on this, although moving average resistance is above and the Bollinger Bands aren't totally confirming uptrending at this point.

For that matter, there certainly are reasons to expect the dollar to roll over lower, including some technical reasons and fundamental reasons of course. So we'll examine those in more detail later also. For now, here's what the monthly chart looks like: