BROKEBACK MOUNTAIN

The greenback has plummeted thru all supports and trends. The 20-, 50-, 100- & 200-dma are all in the rearview mirror as are the trends going back to May, 2016 (blue line) & December, 2016 (lower black line) as well as the support of 99.12 (October, 2016 high - red line) not to mention the key 38.2% fib retrace of the mountain built up in a rush since May, 2016 ... in other words, not looking good. Next support 97.87 midway up Mount Rushmore.
The partial rises were our clue that this descending bullish wedge was not valid.