if you look at the the daily and weekly you can see that during covid the dollar gained strength and shot up in price. Using fibonacci
retracement you can see it sat around that 61.8 area. RSI shows that we will get a bullish move soon possible taking the price back up towards 1.37600 area 50% of retracement before returning towards the pre covid prices. Gold and oil are both heading upwards which will mean the dollar decreasing in price, with people turning to them in fear of a recession.
retracement you can see it sat around that 61.8 area. RSI shows that we will get a bullish move soon possible taking the price back up towards 1.37600 area 50% of retracement before returning towards the pre covid prices. Gold and oil are both heading upwards which will mean the dollar decreasing in price, with people turning to them in fear of a recession.