Following rules of Action/Reaction, the DXY was behaving according to the green long term channel lines.
However it has made a workable fork running exactly parallel to other long term channels (red). It would appear to have turned these last three weeks into its behaviour mode off its big drop on the 10th July. So extrapolating equidistances off the Median Line ... The possibility remains clear for the NFP to underperform.
The other option (one must always consider the other) is it's still behaving as if in the 'green channel', and the NFP figures 'jump it' over the reaction point, breaking above the long term red resistance (at the reaction point ) which has historically acted as swing or pivot line. If it does then the faint green lines should become the short term 'action reaction' up at 83.25ish using the obvious ML as before.
However it has made a workable fork running exactly parallel to other long term channels (red). It would appear to have turned these last three weeks into its behaviour mode off its big drop on the 10th July. So extrapolating equidistances off the Median Line ... The possibility remains clear for the NFP to underperform.
The other option (one must always consider the other) is it's still behaving as if in the 'green channel', and the NFP figures 'jump it' over the reaction point, breaking above the long term red resistance (at the reaction point ) which has historically acted as swing or pivot line. If it does then the faint green lines should become the short term 'action reaction' up at 83.25ish using the obvious ML as before.