As we can see that the latest target on the Fibonacci retracement tool has been reached. Does it mean we are going to see the reversal?
Also, it is in a giant rising wedge that is a bearish pattern so we could see the end of dollar dominance and an explosion of the risk assets.
It's not financial advice, just my opinion based on what I see in the chart.
Also, it is in a giant rising wedge that is a bearish pattern so we could see the end of dollar dominance and an explosion of the risk assets.
It's not financial advice, just my opinion based on what I see in the chart.
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