To start the week, the USD continues to be pressured after signs of life to end last week. The US Dollar index reached 61.8% retracement of the November rally at 77.90. This week, we will see if the USD-bulls can hold off this retracement further at this important fibonacci level. A look at the currency market breaks down the USD's pressure. It was across the board seen in the EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, and NZD/USD.