The U.S. Dollar continues to pull back from the prior gap that came in as resistance last week. At the time, RSI on the daily chart had flared into overbought territory, and this isn’t a very common occurrence as the last instance of such showed just before the currency had topped in Q4 of last year. The question now is whether bulls show up to hold higher-low support. Prior resistance is now potential support at 104.77-105.00, and that remains an area of interest, but there’s also a couple of confluent Fibonacci levels between 105.38 and 105.51 that remains of interest; and if bulls show up there to hold the ... (full story)