
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
AUD/USD has already tested the support at 0.7285 on the news. The strong USD can make the pair retest this level. If the risk-on sentiment across the equity markets increases due to more certainty in the US-China trade deal, the aussie will rise towards the resistance at 0.7370.
After that, the risk-off sentiment contributed to the rise of the greenback. As for the euro, the Italian budget news keeps triggering investors and traders.
If the EUR is supported by the positive news from Italy, EUR/USD can rise towards the resistance at 1.1391. Otherwise, if the USD keeps gaining, the pair can stick below the support at 1.1329.
If more uncertainties on the Brexit agreement come out, GBP/USD can stick below the support at 1.2694. In case of more certainty, the pair will rise towards the resistance at 1.2778.
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The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
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Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
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