US Dollar, look at this scenario

After todays economic news the Dollar strengthened.

But what if its just part of the US Dollars continued rollover?

In the chart attached I have shown what the Dollar index is doing and put the fib grid on the last leg down.

I’d watch the Fib grid area to see if it can’t get through them.

If it starts stalling at the highs of the rollover just as the USDJPY did recently then we could get another drop.

See what you think.