Analysis of the American Trading Session

Trading on the US session Tuesday closed with the US dollar updating of the lows of recent weeks. The reason for the sale of the US dollar was a preliminary aggravation of political tension in the US and the preservation of optimistic expectations about the US and China trade negotiations.

As a result, the dollar index closed the day near support for 95.20, confirming the safety of the downward dynamics, and limited to support levels: 95.20 and 95.00. It is worth noting that the potential for downward dynamics of the American remains, but is limited by oversold and reduced optimism in the stock markets.

The US dollar index chart. The current price is 96.30 (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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