DXY is coming to main support area. 99.10 and if break it 98.25 will be strong resistances. If we see any returning it will be start a strong bullish trend and target 107 levels i think. Wait and watch. Good Luck!
EU will target 1.0975 with AB=CD formation on daily chart. At the same time we can see a Reverse Sholder-Head-Shoulder formation and it break the neck line of this formation on 1.0830. If this formation will work its target will be 1.1315. But now is too early to decide to trade SHS formation. At first we have to see any breakout of blue trendline, after this...
EU broke its uptrend in 4H chart but there isn't any back-test to trendline. Also EU will want to test this trendline arround 1.0750 levels at first and if it can not break this trend to upside return back to downside and target 1.0620 levels again for shoulder-head-shoulder formation.
