The US dollar has retraced significantly, forcing us to redraw the Elliott Wave. It looks like it has just completed a full 5-3 wave. This 50% Fibonacci level will provide significant support, which may constitute a good Stop Loss for a long position.
Watch for a breakout from current levels to 97.47 or so.
Watch for a breakout from current levels to 97.47 or so.
Join my discord at discord.io/quantguy