Good day mates,as we go intro the US holiday i see The dollar index DXY heading toward the listed price target that aligns with Fibonacci level TP 38.2. I am also very bearish on usd/xxx. This could be the push that we need. Please facilitate on lower time frames,wait for the break of ascending Trend line. Targets displayed. Cheers
All items described. IF price breaks supply at 6,000 we will see it retest the 4900 area.
First bull run is the initial impulse. Box Shows reversal with Buying power. Upwards minor correction allows sellers to sell at a higher price. Followed by a correction near the bottom of expanding Triangle with a Lower Low thus allowing big players/instituions for a cheaper price to buy. target displayed in yellow price scale is target from prior breakout.