US Dollar IndexThere is a small cluster centered around next weekend -- July 14th. If prices are near the support at 81.50 a resumption of the bull could commence.
- Lateral resistance from intersection A
- Lateral support from intersection B
- Square of price/time @ point C
- Note that 50% of BC was support in April and resistance in the later part of June. ( support becomes resistance)
- 83-83.5 should form resistance to any rally, but breaking decisively through 83 would set up much higher prices.
- Jan 13 + 180 = July 11
- March 15 + 120 = July 13
- June 1 + 45 = July 16
- May 1 + 72 = July 12