On the daily chart, we have a bearish daily trend that has made new highs and lows and is correcting to the 50-day moving average. It is expected that on the hourly chart, after breaking the hourly trend line, it will be able to move to the daily low.
The euro may have wanted to weaken due to political unrest in France and Germany against the US dollar.
Moving 200 towards Moving 50 across has to be produced.
From the price action of new ceilings and ceilings formed correction by 50% Fibonacci received and waiting for the formation of new wave to come and go
I think the dollar will move higher given Trump's tariffs and the jobs report. Technically, it has broken its long-term downtrend line and is pulling back to it.
