Analysis of the American Trading Session

The American session of Tuesday closed with a rapid decline in the US dollar after attempts at growth. Pressure on the American dollar continued to provide employment data in the US and the risks associated with trade confrontation. Also, don’t forget about maintaining the downtrend in the US dollar, despite the correction.

The American dollar against the basket of major competitors closed the day below 94.20, which opens the way to 94.00. Significant resistance is provided by levels 94.20. 94.40.

The US dollar index chart. The current price is 94.20 (10-year government bonds yield is a blue line)

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Andre Green

Earn with the help of the trade service on the news Erste News!

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