US$ - USDX & €$...continued

OK, so we saw the Euro do almost exactly what we expected regarding the weekend posting/analysis . We took out the red centre line and this morning/overnight price fell further towards the grey CL at 1.3818 but there was no touch on it and the low was 1.3823. This was followed this morning by a bounce upto almost 1.3940 and as i write this we seem to have run out of steam/hit some resisting reaction lines (see MT charts below- the dotted RL is an manually drawn extension of the RL from the blue fork- for me they work just as well outside the upper & lower MLP's as they do inside a fork but i try to avoid extending them as it makes for a crazy chart). We now have to decide if price will return to have a second pop at the lows/ grey CL or if we will see the Euro bounce up dramatically.










The same goes for the DX..its wither going to be a (sky blue up/sloping fork) CL failure and there is still the dark blue UMLP to contend with.
So what is the prognosis? US$ up or US$ down? Have we seen Euro$ highs and are now seeing a $ reversal or are we merely having a RT/correction after the recent upward movement? I ask myself these questions as i roll though all the charts.
In the short term i tell myself that it looks like we may see more upside BUT i still think we will see lower Euro and another attempt at the grey CL which is just above the big number 1.3800. Fundamentals may help the US$ and the DX looks as if it undergoing a subtle change. (which is slightly easier to see on 60,240 & daily charts). Re a trade i really do not have any plans right now but looking at the DX i will wait to see if we take out the deep blue UMLP and then we may see a race towards the light blue CL. With Euro$ i will watch to see if price gets through the two reaction lines in the Metatrader chart (the dotted RL is an manually drawn extension of the RL from the blue fork & you can see this distortion between the TF's as the line moves in a higher TF & this is always a problem and i find the 5 min charts best but always wait for price to show me the correct position of the RL as a few pips either way cost money).