The daily US Dollar hit a double Trend line bottom on 10/15/2010 and saw a sharp reversal higher.
We however are still in a down channel, which needs to be tested around the 38-50% retrace at 78.97-79.85.

Key resistance is at 80.08, the wave 1 Low. Important CITs are on 11/16 and 11/22.

The weekly US Dollar is in a long term uptrend channel. The March 08 Low connects with the November 09 Low and with the most recent October 2010 Lows.