The USD bear's are starting to show some sign's of weakness (at least in the short term). DXY has formed a bullish wedge pattern, and so may be ready to start moving higher.
Watch if this setup could turn up again. Will fib 0,618 hold, or closer down to 101-level ?
Normal this could be slowdown in this drop, but also be aware of any more sell and bear-tendens.
Retest of neckline in the "Three drives pattern"-bottom could also be a nice support-level.
99.11 DXY is in my opinion still the make or break line
prices above 99.11 DXY are suggesting still bullish scenario into new highs 2017 - eventhroughout Trump Election
prices under 99.11 DXY are suggesting sharper fall into SellOff Area sceanrio - even while Election Night in nov`16
I can still imagine after yesterdays 1st sharp rise after Trump Election...
