Now one of the first steps to trading is understanding the cause of the most recent price move, now in this case the move down was cause by political news. News that Flynn was prepared to testify against President Trump, this pushed the dollar lower and presented a great opportunity to buy the dollar at a lower price. Political news normally only create short term market sentiment as the market is mostly focused on economic news that indicate an increase in production or an increase in .
Therefore a trader that understands both the technical and fundamental and knew that we have the US tax bill that would be passed shortly would be looking to buy the dollar at a good price.
From the chart you can see that we have prices falling into the support zone and we have the completion of an AB=CD near the backside of the . You could also draw your fibs and add indicators for more convergence. This is an example of trading the fundamentals with the technicals and although there is a lot more to trading fundamenatal analysis this is a good example.