We try to start the week by reviewing the dollar to get a direction where most major currencies will go.
As can be seen in the graph above we are still in the pattern with support and resistance and the price of the dollar is relatively close to resistance which leads us to the decision to stay with a sell signal as we were last week.
The target is 95.90
This Pattern become invalid if the price of the dollar crosses the resistance at 97.70.
As can be seen in the graph above we are still in the pattern with support and resistance and the price of the dollar is relatively close to resistance which leads us to the decision to stay with a sell signal as we were last week.
The target is 95.90
This Pattern become invalid if the price of the dollar crosses the resistance at 97.70.