The USD Index has formed new lows and we expected the price to pullback into them before seeing
another move. Looking at the market technically the Fibonacci retracement tool has highlighted
a key zone between the lows and 50% fib as resistance. If we see bearish price action here we could
look for short opportunities into the next demand zone.
another move. Looking at the market technically the Fibonacci retracement tool has highlighted
a key zone between the lows and 50% fib as resistance. If we see bearish price action here we could
look for short opportunities into the next demand zone.