The Dollar at monthly support
Yes it's breaking down and looks horrible, but it's very oversold and just stabbed through the monthly support channel. It has a few weeks to regain it, and I think that's what's coming. Target is 110ish.
Not
dollar may make one more low, but it should start to climb back very soon. Not
back to the weekly trendline. Getting over this and the monthly will look like a false breakdown. Not
Dollar coming up to resistance now. The Monthly support held. 
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