Let’s take a look at the economic calendar and the most important events that will shake markets next week.
US dollar: forecast for April 10-14
In line with expectations, the US dollar is consolidating within the wedge. Resistance lies at 101.50 (resistance line from this year’s high). The USD is capable to reach this level, but we believe that fresh drivers will be needed for further expansion. Support is at 100.00, 100.00 and 99.20.
Check key levels for USD/CAD and CAD/JPY.
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Find out the key levels for trading the GBP and the NZD ahead of the important releases.