personal analysis and dollar gets out of steam I believe if we hold this resistence? level we will see maybe down to 111.4 and 111.2 possibly
Fibo 618 (54) + 4HR 50SMA strong resistance area 53.7 and technical indicators daily fibo retrace to 382 target 51 to be safe stop ~55
According to the support line and the fibonacci retracement, I believe we are about to reverse to the bullish trend (1hr). Also MACD indicates we are close to the reversal and RSI is sneaking up. TP 285 SL 230