Temporary bullish movement

After a bearish month, filled with downtrends, the possibility that DXY could see a temporary reversal to the long side for the first week or the month of august to form a pullback to continue the downtrend. The three arrows indicate fib levels of potential reversal or resistance, the last two on a trendline. USD can possibly show strength for the time being. I am not a financial advisor and this is all speculation. What are your thoughts?
Trend Analysis

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