What a whipsaw....

The NY session low was 104.46. Not anymore. The new low is 104.39 AFTER racing up to 104.867 and then falling back down.

The London session low has also been taken out at 104.35 as well.

What's next? A move to close (at 104.16)/low (at 104.10) perhaps? What a whipsaw in the dollar.