For the moment we are seeing an upward movement in the pair and the fact that at the moment it is trading near the Fibo level of 50% is drawn on the daily chart.
In connection with Donald Trump's appointment of the new head of the Federal Reserve and the imminent adoption of the budget for 2018, we expect that the growth of the reserve currency will continue.
The price has moved away from the Fibonacci level and soon will test it again. So the point of entry on the long positions will be sought at our level, to 40 points.
Our RSI and Stochastic indicators confirm the entry of the purchase.
When the correction happens, it is recommended to enter into long position.
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