The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its high since July 23 against the Japanese yen following the developments and economic data that they followed on the Japanese economy and on the …
The pair is supported as Treasury yields rise, as well as due to the uncertainty around Donald Trump’s stimulus checks, which are bombarded by his political opponents from the Democratic Party. If these two factors remain in effect, the pair will move higher.
Technical picture:
The price is above …
The price pivot zone of 0.9468 is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator showed an exit from the oversold zone. A breakout of the resistance level of 0.9512 will result in the formation of an ascending pattern of 1-2-3.
Don't have your language?
