On high impact news events like FED Powell speech this evening, its extremely important to understand the movements of the USD as it effects movements of many pairs. Since my previous analysis (linked above) everything played out as projected now we can identify the price has made a nice correction which is currently testing the 0.618 fib in confluence with daily demand and already showing signs of rejection. I am expecting the continuation to the upside to follow. If this plays out, it will have a bullish effect on gold and bearish effect on crypto - lets see.