[Watch it] Dollar dipping, yet hinting a possible relief

At monthly suppory, nearing oversold on RSI/W. Hight TD count, sparse falling wedge.

Watch out for a possible bounce/bear trap into the 100-98$ area and a bounce up to 102-103 area of resistance.

If so, to be re-evaluated later.

Kommentera:

This is a folluw-up analysis to:

Which anticipated the fall of DXY from the 110s.

Kommentera:

Oh, well.

That was quick ;)

Kommentera:

Likely to bounce more.

Kommentera:

105 target reached as well.
A pretty fast move.

Now close to resistance.

Enough fo rthe scope of this analysis.