goodguy
Short

US Dollar 2 hour log: We may get a bounce here.

INDEX:DXY   U.S. Dollar Index
36 0 0
Since my post on the dollar about 2 weeks ago the dollar has dropped as suspected. It is now approaching a channel support line and the 2 hour rsi is oversold so I would not be surprised to see a bounce here. IFFFFFFFFFFFFFFFFFF my count is correct the downtrend line and level marked .1 (about 96.97) should act as resistance. If they are violated then its back to the drawing board. . Have a good rest of the week. Goodguy.
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