Disliked{quote} Nice to have these last posts with the alternative bullish scenarios! Of course you may well be right, or at least more right than me, but maybe it's a bit too soon to say we've had a clean test of any monthly "resistance" (I assume you meant support) as there's another two and a half weeks left till the monthly candle closes, and on the weekly it still looks bearish to me with that last bearish engulfing. Also, while you're correct that ECB tapering does appear to be entering the arena for next year (and it's hard to know exactly...Ignored
Thank you for your answer, I was totally wrong with the dollar and I knew it, but I just wanted a plain explanation and your answer was perfect.
When I said resistance I was refering to support ... and with clean I refer to no single tick bellow the imaginary suport line but with a touch, in my case is a parallel line from a monthly pitchfork, don't bother if yours is different. Anyway it's hard to pick a monthly rebound.
Live and Keep Calm