Price is at 61.8 fib level as well as horizontal resistance. We might see a bounce here and re-test the broken structure of 91.80 before heading for 94.10 where it coincides with 38.2 fib level from the move down from 3rd January 2017 to 16 February 2018
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We see price rejected parallel channel top (and not test 91.80) before speeding up to 94. However, 94 proved a hard nut to crack and it's back down. A daily close would be important here but it seems like Dollar bears are back in the game for now.
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30 minutes to H4 candle close and Daily candle close. I think a break out is happening
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Could we see a double top here?
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Slowly working towards it...
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Nope, no double top. New idea linked here on DXY
