DXY moved significantly lower from end of Jan into early Feb finding support at 95.20 level in deep discount market. Price is currently at 50% fib level with upside potential toward 96.25, 96.50 and 97.00.
Comment:
96.50 upside objective reached, timing is on par with projection. Price is continuing to reach toward 97.00 level.
Trade closed: target reached:
All targets hit. Long trade closed out.