We like to start with a review of the dollar at the beginning of the week to get a direction regarding the major currencies.
So we have here almost the same model as last week, again after meeting with the moving average 200 dollar line coming back up.
The dollar is still stuck between the support line 95.4 and the resistance line at 97.4, and if going into detail it seems that the average moving line 200 is used as strong support for the dollar already several times.
The dollar is still on the rise
Target: 98.3
So we have here almost the same model as last week, again after meeting with the moving average 200 dollar line coming back up.
The dollar is still stuck between the support line 95.4 and the resistance line at 97.4, and if going into detail it seems that the average moving line 200 is used as strong support for the dollar already several times.
The dollar is still on the rise
Target: 98.3