Analysis of the past day
On Monday, November 20, the dynamics of the US dollar index, as expected, remained limited to the existing trading range. As a result, the trade in the main currency pairs was traced in the sideways trend with a slight increase in the American.
Given the political risks in the world and the absence of the important news, the dynamics of the dollar index and the market as a whole will continue to be limited to the existing trade channel from 93.400 to 93.900-94.000. The growing uncertainty and a prolonged flat can cause the expansion of the trading range on the US dollar index.
Hanzenko Anton
