The US dollar recovers positions

Trades on Tuesday are relatively calm and focused on the recovery of the US currency against trading on Monday. This is also facilitated by the positive opening of quotations at Wall Street. At the same time, the main movement in the market and on the US dollar are aimed at correcting positions after a long decline.

The  index of the US dollar itself remains in a downward trend, demonstrating attempts at correction, which will be limited to resistance levels: 90.70-80 and 91.00. Also, this index has formed a kind of bottom at the level of 90.00, which in future can be a significant level of support.

Graph of the US dollar index. The current price is 90.50.

Hanzenko Anton