On Weekly Timeframe, short term it's on bullish trend (higher high and higher low ) while in medium term is still in bearish trend ( still below recent down trendline from 2017)
yellow line in the chart represent a down trendline also the horizontal line represent resistance line by fibonacci retracement.
If the USD value could go up above the resistance (yellow line) and closes a consecutive candlestick above it would be a bullish sign for USD value and vice versa if it fail and decide to fall below the recent bold median line on pitchfork .
yellow line in the chart represent a down trendline also the horizontal line represent resistance line by fibonacci retracement.
If the USD value could go up above the resistance (yellow line) and closes a consecutive candlestick above it would be a bullish sign for USD value and vice versa if it fail and decide to fall below the recent bold median line on pitchfork .