Update Bullish Bat DXY

٧ ديسمبر ٢٠١٣

Some more details to the potential bullish bat on DXY: formation of bull flag, possibly going down to 79.96 or 0.618 fib retrace of last move up before bouncing, which is also the midpoint of the weekly marabuzzo candle (blue rectangle). Other option: downdraft continues to 1.618 extension of move down since 81.48 which is at 79.73 before bouncing.