The Dollar Index is walking a tight rope and looks set for a decent correction, however with fiscal policy divergence across the Atlantic and Greexit hanging in the balance it's to be seen how much the Euro can gain against the Greenback.
Bitcoins prospects of making a move back to $300 are looking lower by the day. There is only a very slim chance buy volume will gain enough to see us stay above the drop zone. Looking for shorting opportunities below the Monthly Fib S1 Pivot at $235.26
I'm waiting on a weekly close above $275 to begin building a long position for a topside target of the 23.6% extension at $386 then to the 38.2% extension at $559 but not before an expected pull-back. If we get a weekly close below $275 I will target a "potential" double bottom.