There is Bearish Divergence by MACD on DXY daily chart which can be interpreted as Hidden Bullish Divergence also and signal us the upcoming Bullish cycle As you can see, we draw Fibonacci retracement from the low to the high of bullish wave,
We believe that DXY might fall to Fibo Golden Zone then it would accumulate to start its move toward the targets which are define with Fibonacci projection levels
there are total 3 targets and the DXY value may rally between them
We believe that DXY might fall to Fibo Golden Zone then it would accumulate to start its move toward the targets which are define with Fibonacci projection levels
there are total 3 targets and the DXY value may rally between them
Trade closed: target reached:
1 and 2 Targets Achieved
