Speculative long trade. Price is being supported by
SMA 30 + 50 and EMA 50
50% fib retracement
prior local high
seasonality is rather bullish in the 1st half of this year
global situation seems to demand rather the products by LMT
DXY H4
Effectively looking for an upside break of the area we have marked.
With regards to fibs and market corrections, this would be a good price, or at least our maximum correction potential before seeing bullish intervention again.
We will have to see what unfolds, but so far USD zones seem to be okay for the moment, which is positive.
