Dollar Strength next week
OPTION 1: DOLLAR STRENGTH
A) It will break the short term Trend Line (white) to the downside and retest support (blue bottom) it is already showing signs of retesting that bottom line.
B. This is in the zone of a 68.1 Fib retracement level (BUY) for a continued uptrend
OPTION 2: Dollar Strength
A) It might bounce back into the short term trend line (WHITE) (confirming support) with a continued uptrend retesting the current resistance nearest (blue) UPSIDE
Option 3: Neutral/Dollar weakness
it will retest the nearest support (blue)
A) Chop around break to the downside for a continued downtrend
A) It will break the short term Trend Line (white) to the downside and retest support (blue bottom) it is already showing signs of retesting that bottom line.
B. This is in the zone of a 68.1 Fib retracement level (BUY) for a continued uptrend
OPTION 2: Dollar Strength
A) It might bounce back into the short term trend line (WHITE) (confirming support) with a continued uptrend retesting the current resistance nearest (blue) UPSIDE
Option 3: Neutral/Dollar weakness
it will retest the nearest support (blue)
A) Chop around break to the downside for a continued downtrend
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