State of the market: the dollar is waiting for new drivers
At the beginning of the day, the US currency is trading in different directions against the basket of competitors, thereby preserving ambiguity after the multidirectional trade at the beginning of the week. In addition to the planned news, the market is also waiting for the results of the meeting between US President D. Trump and European Commission President Juncker, who, in turn, may reveal the problems of the trade confrontation between the US and the EU.
The US dollar index remains in the trading range of Tuesday, keeping the potential for a decline, after a break from the level of 94.80, the monthly trading channel. On the other hand, significant support is located at the levels: 94.40 and 94.20.
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Hanzenko Anton
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