SELLERS REMAIN IN CONTROL as the USD gets pressured
The United States Dollar Index broker out of the range last week and pushed towards 105.575 as expected.
However, price quickly reversed from the resistance zone and fell back to the range.
Seller remains in control over the Dollar and only by breaking out of 105.575 resistance region can we see more potential for upside. For downside opportunity, a breakout of the 103.225 can push the dollar towards 101.785 region.
However, price quickly reversed from the resistance zone and fell back to the range.
Seller remains in control over the Dollar and only by breaking out of 105.575 resistance region can we see more potential for upside. For downside opportunity, a breakout of the 103.225 can push the dollar towards 101.785 region.
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