Gap closed so lets see if the dollar falls back in line with the big picture trajectory.
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This is going to be very interesting, if price retest the last low 98.44 which is below the major support structure 98.68, then I cant see this going back up to 102.00. let's watch it play out. They need a weak dollar to MAG!
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Moment of truth fly or die
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This will be falling so deep the euro will break out of its weekly side ways movement.
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AS expected rejection at the 98.00, therefore 95.86 next stop then 93
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Capped off at the 98 down as FOMC looms
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Thick Black candle forming can it engulf the down close?
@DeanT, watch for that bounce at 95.86, it might push it up to 99, I see a bullish bat completion that might test previous support before completing the move down.
DeanT
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@KillerKnightX, True lets see if the 97.49 cap that I've set send it down.