- $ is still expected to weaken as 6 FED rate cuts are predicted (and naively believed)
- price got to the important technical level - support cluster created by the Bullish Gartley Pattern and FE 0.5-0.618 of the latest uptrend impulse.
- If the level is respected, it will most likely move the price up to 0.6738, and - in my opinion, the price will revet down.
- longer term I believe $ will get stronger this year.
- price got to the important technical level - support cluster created by the Bullish Gartley Pattern and FE 0.5-0.618 of the latest uptrend impulse.
- If the level is respected, it will most likely move the price up to 0.6738, and - in my opinion, the price will revet down.
- longer term I believe $ will get stronger this year.