It can be a retracement finally after a long swing upward couple of days past due to the US under pressure from Covid-19. This might be changing positively slowly as the representative of the state is focusing on the comeback against the pandemic and they have already run much stimulus program for their economy prevention. Can't say it may be fully reversal but there could be some side effect on the currency after they have taken some control over the outbreak which may temporarily change the market sentiment.
Note
EU falling comparing to DXY pickup (man I posted a comment out of it sorry lol) Note
Retracement was perfect falling around 61.80% Fibonacci but I see dollar losing steam back again as it seems the trend lower wasn't overall reversal as expected due to struggling state at the moment from covid-19 which could take some weeks or even month to settle back normal.Note
Fantastic Retracement on the fibonacci key level 61.80%! Brilliant trade yap! Note
dollar weighing again we can see hmm.. Note
People are talking about the cable crash what about this? haha 400+ pips movement 
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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.