Time for a small bounce

I have taken partial profits and expect a bounce here on the CL & RL. The stoch ribbons & bline are flat on the deck with Maccy-d showing divergence. Maybe upto the resisting RL overhead at 1.3290...but Euro$ is still going lower eventually so FILL YOUR BOOTS WITH US$


The DX has shown us a textbook touch n bounce of the black median line at the confluence of the reverse side of the RL which passes through at a great supporting angle. Price 'hops' up onto the blue LMLP and after slight resistance from the RL that caused so much trouble last week passes through it and up and away to start its journey for a second attempt at the black horizontal CL at 81.50. First stop will be 80.00 and the first thin RL- As long as price keeps above the blue LMLP then i believe there is a high probability we have our expected reversal.