Friday's erratic rise to 84.39 (NY) suggests dollar's further choppy trading above last week's 15-year low at 83.34 would continue and as long as 83.73/75 holds, stronger corrective gain is still envisaged but reckon dynamic resistance at 84.93 would cap present rise and bring retreat later.
On the downside, only below aforesaid low at 83.34 would confirm downtrend has resumed and then weakness to measured objective at 82.93 would follow.
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