Price may be below the 15 year uptrend but has not clearly broken the trend. That 98.50 confluence of 2 trend lines may drive the next big market move.
FED dragging it’s heels, GDP seemingly above 3% and can the jobs report get any worse? Price can’t close below 96.00 so move higher has already started.
Above 99.80 and new price structure will be in place and back in the long-term trend.