Same story as DXY, inverted, obviously, we reached the 61.8% fib from A to B, expected a retracement with the target around the 31.8% fib from B to C (synced with the previous structure), around 1.1117, eventually forehead the pivot area at 1.1154 near the 50% fib.
Have safe trades.
Have safe trades.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.