With more strong data on the USD coming out by the minute a further extension higher is to be expected for the remainder of this month.
110.00 looks to be an ideal upside target with many confluences. A large multi month uptrend and Fibonacci seems to be playing out well and this up trend is being respected on most of the timeframes.
Downside opportunities may come after 110.00 has been successfully met. The current movement higher is likely to continue for now.
110.00 looks to be an ideal upside target with many confluences. A large multi month uptrend and Fibonacci seems to be playing out well and this up trend is being respected on most of the timeframes.
Downside opportunities may come after 110.00 has been successfully met. The current movement higher is likely to continue for now.