i have notes on the chart. overall bullish. bearish for short term
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Move hit target but not entry and the weekly 50 was respected as support on the 13th. The target in yellow is now support as price is consolidating
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Also the diagonal red line is the median of my pitchfork and acts as moving support until price breaks under
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we never got a deep correction and price is struggling at the 97.25 area. since dxy is the opposite of EU I see this pivotal area as breaking up to 97.5 or finally retesting 96.75 and lower.
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Price rejected 75, and 96.75 expect bulls coming in at 96.20. Currently still not bearish until 71 fib and 95 price is broken
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Price is hovering on the weekly 50 after rejecting the weekly bears gz. Could see a tap of trend line before bull run to 98's
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if we break the trend line then bearish to 95's