State of the market: the market is restrained early in the day

The main currency pairs are trading very restrained near the opening level of the day at the opening of Friday trades. The reason for the restraint of the market is the ambiguous dynamics of stock indices, which also remains unambiguous, and the very acute political situation in the United States.

From the start of the day, the US dollar index has been trading downwardly, limited to the downward trend and resistance at 95.50, which, in the context of continued political risks across the United States, may cause a further decline in the dollar index to support levels: 95.00 and 94.80. A narrow trading range is located from 95.50 to 95.30, in which uncertainty remains.

Read also: “Australian Dollar (AUD) – a feature of trading on cross-rates “

Hanzenko Anton

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