- Currently sitting on the 38 Fibonacci Retracement - Taken from the swing low - high - We're waiting for market direction on this derivative to determine market direction on the Major FX Pairs - This current level has been defended quite well, with the last few candles closing above - It's high risk at the moment to be trading Majors on higher timeframes, with this level of indecision. - It isn't often that the DXY is held up at a certain level for days - There isn't relevant news for USD until the 26th of February.