WCUUSD is another way we can track the strength of the dollar. As we can see, WCUUSD is in a pullback, and the target is the 61.8% Fibonacci level, the same as in the previous pullbacks. Based on this, we could expect the dollar to continue retreating in the coming week or until the end of the month.
FibonacciSupport and ResistanceTrend Lines

Related publications

Disclaimer