The US index kinda found a support to leave an indecision candlestick last Thursday, and the RSI shows we already have approached oversold area.
the dollar may bounce a bit if a close happened above Thursday's high at 89.58 and could meet the previous resistance level at 91.10 with a stop loss below the indecision candle at 88.44.
it is important to keep in mind that the dollar is still trading below 50 and 200 EMA on the daily, so trading the corrections should be minor for now.
the dollar may bounce a bit if a close happened above Thursday's high at 89.58 and could meet the previous resistance level at 91.10 with a stop loss below the indecision candle at 88.44.
it is important to keep in mind that the dollar is still trading below 50 and 200 EMA on the daily, so trading the corrections should be minor for now.