Mon 25th Aug
In my w/e analysis of the FX Indices I had noted the importance of the 61.8% fib level at 82.5 for the the USDX. Price has gapped higher to that level this morning and is currently trying to negotiate this significant resistance.
USDX 4hr
USDX weekly
The 61.8% fib level is a key level to watch as any close and hold above this would suggest bullish continuation. A weekly close and hold above this level would be a bullish signal and suggest continuation.
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