The US dollar has once again bounced against the trend line of a pitchfork with it's origins all the way back at the 2008 bottom. Will we see the dollar bounce once again from here or is it time that this trend line breaks? If someone can tell me I would be grateful as I haven't got a clue. However, I have included 2 counts showing how I see it possibly playing out. As usual, they are both opposed to one another.
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Wow. That trend line is sure taking a battering. Bounce or break? Any ideas anyone?