Looking at the bigger time frame right here ,
as you can see , we are seeing a repetitive break and retest happening few times .
we have seen an impulsive move to the upside and failed to break above 97 key level ,
now we are waiting for a retest back to the support and if we add a fibonacci retracement from the last point of swing low to swing high ,
we can expect price back to the 61.80% fib retracement for our long position ,
check out my previous analysis on dollar index and other analysis as well .
Let me know if you like my idea ,
Give it a like or comment if you do .
as you can see , we are seeing a repetitive break and retest happening few times .
we have seen an impulsive move to the upside and failed to break above 97 key level ,
now we are waiting for a retest back to the support and if we add a fibonacci retracement from the last point of swing low to swing high ,
we can expect price back to the 61.80% fib retracement for our long position ,
check out my previous analysis on dollar index and other analysis as well .
Let me know if you like my idea ,
Give it a like or comment if you do .
