As you see, there is a downtrend but price could not break the support level and got rejected by that. MACD shows a regular positive divergence which means price is in the bullish correction phase and it might rise and retrace to the marked area (supply zone) and then drops again in the future. So, we can expect a strong USD for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.