lucabrasi

lucabrasi Updated 

After the upside breakout from the accumulation zone (range) earlier in the week, price has retraced beautifully to the Optimal trade entry zone of the Fib (61.8%-79.8%) with help from the CPI data released yesterday. The long term analysis of this pair (weekly,monthly) has it being bullish and this is a perfect time for it to continue its strong bullish move...

lucabrasi

The pair has hit the equilibrium position of the resistance and will make a downward move to the 1,8900 level. thus correlates with the up move that will be experenced in usdx