LONG Dollar index Bounced Off Support, Prepare For A Further R

Dollar index bounced nicely off its support at 6.969(38.2% Fibonacci retracement , horizontal swing low support, 61.8% Fibonacci extension , horizontal swing low support) where it could potentially bounce to its resistance at 7.049 (61.8% Fibonacci extension , horizontal swing high resistance).

Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.