Price found support at ~ the SMA 50 on the monthly.

Price is currently meeting resistance at the SMA 200 on the weekly.

If price were to rally back up to the top rail on the chart shown above, it would mean UUP rallying up to ~ 25.25 – 25.50.

Possible IH&S building out above targets 25.20.

If price were to rally back up to ~ 25.25 it would be a retracement to the 50% Fib level of the entire drop.

 

Euro charts FYI.