The US Dollar Gains Strength

٥ نوفمبر ٢٠٢١

The US dollar has rallied higher into the 94 handle, and has just broken through 94.45. We appear to have broken through without much resistance. There is a vacuum zone above to 94.77, the next target. If we are unable to press further, or sustain current levels, then 94.18 is the next level of support from below. After that, our technical levels lie in hte 93 handle, with 93.82 the next level from below. Watch for non farm payrolls data to drive dollar strength if it is a beat.