Analysis of the American Trading Session
The US session on Monday closed with a growth of the dollar against a basket of competitors. The reason for the general growth of the US dollar was the risk reduction and data on the growth in the number of new jobs in the US, which came out on Friday. As a result, the American dollar showed a significant strengthening against safe assets, which was limited by weak US statistics at the end of the day.
The American dollar on Monday showed a slowdown in the weekly downtrend and the formation of an upward corrective movement. The upward trend of the US dollar is limited by resistance levels: 96.00 and 96.20.
The US dollar index chart. Current price – 95.90 (10-year government bonds yield – blue line)
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Andre Green
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