The price reacted very nicely on my stored target area. Lets see how the market behaves in the next few days:)
Weekly chart:
Correlation DXY:
In comparison to EUR / USD , the bulls are taking off in DXY .If the price breaks above the previous high at around 93 USD we have to assume that a low may have formed and we continue north towards 3-digit prices. But so far I still expect new lows and a continuation of the ongoing downward movement.
Weekly chart:
Correlation DXY:
