The USD touched down on the all-important $100 price level after a strong rally in the stock market.
This level coincides with a 61.8 fib retracement level.
Slight bounce, but what happens next is everything.
See the trend line below for possible next support if we break below the 61.8.
This level coincides with a 61.8 fib retracement level.
Slight bounce, but what happens next is everything.
See the trend line below for possible next support if we break below the 61.8.
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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.