with the uncertainty in the sovereign markets, the Dollar have quickly moved to the projected targets and now appears extended on the upside.
Weekly –
the time pressures are down til May 14th and divergence is appearing.
the 83.829 target is next on the upside. stop at 79.79.
Daily –
currently testing the recent high pivot of 82.52. buying pressure is extended and the time pressures are reaching a peak.
the next target up is 82.98. 80.54 will start a new move down.