So far our analysis holds for the oil . Our projection area holds. The fundamentals of oil are weak (http://oilprice.com/Energy/Energy-General/This-Week-In-Energy-Top-4-Reasons-Oil-Prices-Are-Heading-Back-Down.html) and we are watching a breakout at current levels (dotted yellow line). The thrust can easily turn into a 3rd wave down, Impact on oil dependent like USDCAD , which will push USD higher. Also the referendum in Greece on Sunday is important for USD behavior. We are currently on Oil and Canadian dollar .