EURUSD, I think, has finished the fifth wave of the first, and it is now correcting the first higher degree wave to be the second wave of the higher degree, and the targets of the second wave are indicated in the chart.
The EURUSD pair targets one of the Fibonacci levels as shown in the chart. Upon reaching any level, we look at the reflection signals, such as the convergence/ divergence, or any reflexive pattern.
The dollar index hit a strong resistance level, we will watch whether it will break it and go for the second target, which is 98.96, or will it reverse the downside?