The likelihood for a continued slide in the US Dollar Basket after price broke the 83.00 level early on in the Wednesday session, is going to be challenged by the support between 82.53 and 81.95 (F). This area is the Autochartist Forecast from the Triangle breakdown through 82.94 on the 240-minute time frame. The initial follow-through lower was slow but the sell-off came suddenly despite a weak pierce of the pattern that registered only a two-bar Breakout reading. The US Dollar Basket weakness was later accelerated by the large gains in US equities pre-market and throughout the entire session.

The four-bar Initial Trend reading is likely to cause the US Dollar Basket to stall near the previous lows at 81.99 and 82.09 which are within the Forecast area. These two lows are also significant support for the range that the daily time frame has been trading within since August 12.