US30USD Intra Week Outlook
White Fibo - Draw from High to Low. Following the main recent down trend.
Blue Fibo - Draw from Low to High. Following the recent correction of the down side move.
Market is now consolidating. Will be looking for (1) Break to the upside, taking liquidity, before moving down (as shown in chart). OR (2) Price rejects from 61.8% and goes down. My overall sentiment is still a sell due to US economy fundamental weakness.
Blue Fibo - Draw from Low to High. Following the recent correction of the down side move.
Market is now consolidating. Will be looking for (1) Break to the upside, taking liquidity, before moving down (as shown in chart). OR (2) Price rejects from 61.8% and goes down. My overall sentiment is still a sell due to US economy fundamental weakness.
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