As you know Naz the market wants nothing more than the poison of a lower dollar and will applaud it each time it is lower.
The question I have is, to what point? 70.70 is the low that was hit in early 2008. So I suppose that the continuing path lower could get to that level as a double bottom. The problem is that the trade on the lower dollar is crowded which should mean a counter trend rally of some sort to clean the market out.