TRADE ANALYSIS: GOLDEN FIB RATIO AT 97.60...DXY

The USD looks to continue its move into the $97.60 level. The Fibonacci extension shows the golden Fibonacci ratio of 1.618 sitting at the key level. This could show us that a potential reversal is likely here. If we see price push this level and reject we could see the USD fall back within the current range and back towards $95.00.