Analysis of the American Trading Session
Trading on the American session on Monday closed in different directions for the US currency, as a result of which a maximum of 96.00 was updated. After the correction followed, the index of the American currency returned to the support level of 95.70. Uncertainty in the market regarding risks has formed a downward trend for the American dollar, who continue to receive support on the growth of risks. The significant resistance continues to be the 96.00 mark, the breaking of which will indicate the resumption of the general uptrend for the American dollar.
The US dollar index chart. The current price is 95.80 (10-year government bonds yield is the blue line)
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Andre Green
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