ETH/USD retraced back to its Fib Retracement Golden zone (61.8%).
Price is breaking above a trend line and the 3200 resistance level.
Next target level is around $4400 and $4950.
Quantitative Easing is essentially trapping the US dollar in the financial system which will cause disinflationary pressures in the future. USD will likely strengthen in the future to all-time highs. USD/INR is forming a falling wedge pattern taking support on a trend line. Very good opportunity for long side exposure on the dollar.
