1.40 in what, the dollar index? maybe in the next 5 years, unless europe gets nuked by al quaeda or aliens or something. definitely would expect the highs again, all other things being equal. however, they may not be.
Dollar Index. Regression Channel connecting the 1985 high to the 2001 high. Same story. Moments of truth are fast approaching. Looks like it is set up to move down, but a thrust upward into the top channel would be very powerful most likely. DRT
Last but not least, the star of the show....Da Bonds. Posied at the bottom of the channel. Bounce up or failure to the downside?
1.40??? !!! In the EUR/USD? Not unless "Printing Press" Ben goes wild and starts lowering rates. I just don't see it. Good luck anyway!
Unless the jpy carry-trade collapses, thus resulting in a liquidation of high-yielders to buy back yen.