US DOLLAR TECHNICAL ANALYSIS
Prices turned higher as expected after producing a bullish Piercing Line candle pattern. A daily close above the 38.2% Fibonacci retracement at 11901 exposes the 50% level at 11951.
S&P 500 TECHNICAL ANALYSIS
Prices are struggling to maintain downward momentum after putting in a Bearish Engulfing candlestick pattern but the setup remains technically valid for now, warning that a double top may yet be confirmed at 2119.