Both the US Dollar Index (DXY) and EUR/USD have broken-out of their respective triangle patterns. This suggests further dollar weakness towards key long-term trendline support near the DXY76 handle. This should correlate with a test of EUR1.4186, which also carries technical significance. Meanwhile, the S&P 500's uptrend remains intact until 14-day MA support is broken. Due to the tight inverse correlation, dollar weakness could trigger the S&P to test the key 1202/1203 level.
