USD Correction with Long Entry Pending

I’d expect the US Dollar to continue a short-term slide to the 96.5 level.  This level lines up with the 618 fib on the recent move up.  Bearish divergence also exists in the direction of a bullish trend, and this likely signifies a continuation up after the divergent respite concludes…

 

This 618 Fib Level ALSO coincides with the 236 Fib Level created by the entire DXY rise, beginning in 2011

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