![](https://esterholdings.com/wp-content/uploads/forex-zavershenie-dnya-e1453627305503-2-730x486.jpg)
Analysis of the past week
The first working week of July was very restrained if you do not take into account an employment data in the United States and working out data that the United States and China are returning to the negotiating table. So, Monday was under the mood of growing optimism against the background of reducing the risks of a trade war. And on Friday, under optimism related to employment growth in the US, the rest of the week was limited to a narrow flat because of the expectations of new data on trade negotiations.
The US dollar index for the week strengthened by more than 1.2%, which confirmed the formation of an uptrend on the American dollar after a long decline. But it is worth noting a significant increase in the US dollar on Friday, which may cause the formation of a correction on Monday. Significant resistance settled at levels: 97.50 and 97.80, support: 97.00 and 96.70.
Fig. The US dollar index H4. The current price is 97.30 (10-year government bonds yield is the blue line)
Hanzenko Anton