The US Dollar is in a correction state due to the pre build up of the new president and looking at the yearly pivot it fits with the 61.8% Fib level so I anticipate that we will see this be hit within the next week or so and then for this to begin acting as support.
Stay patient and wait for this target to be hit (you can of course target the yearly pivot in shorts!) and then get ready for the overall trend to resume with USD pairs ready to bounce back!
Stay patient and wait for this target to be hit (you can of course target the yearly pivot in shorts!) and then get ready for the overall trend to resume with USD pairs ready to bounce back!