US Dollar might be re-entering the channel it broke during the Brexit referendum

Saxo Capital Markets Australia

Multi-asset trading platform

The US dollar lost its safe haven play last week when it encountered major resistance from its 200 days moving average level, according to Saxo Capital Markets Sydney-based trader James Kim. In the next few days, the US Dollar Index might be testing re-entering the channel it broke during the day of the Brexit referendum. Click the following link to review this technical analysis for the US Dollar and other global currencies: (VIEW LINK)


Saxo Capital Markets Australia
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