Looking at the bigger time frame right here , as you can see , we are seeing a repetitive break and retest happening few times . we have seen an impulsive move to the upside and failed to break above 97 key level , now we are waiting for a retest back to the support and if we add a fibonacci retracement from the last point of swing low to swing high , we can expect price back to the 61.80% fib retracement for our long position , check out my previous analysis on dollar index and other analysis as well .
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