The dollar has hit and bounced off of a major support level and now is in a major consolidation zone in which there is potential for the upside and equal potential for the bearish momentum to continue.
However, I expect this to the starting area for the selling pressure to ease up and more opportunity for the dollar to go long.
I'm overall favoring the dollar to make a reversal for the upside within the coming weeks
However, I expect this to the starting area for the selling pressure to ease up and more opportunity for the dollar to go long.
I'm overall favoring the dollar to make a reversal for the upside within the coming weeks
