Dollar Climbs Slowly but Steadily
The dollar climbed and created both higher highs and lows throughout the entire week.
The fast MAs are also bending upwards while staying moderately above the 200 MA, showing an increasingly bullish-bias market.
Besides, the price has recently broken above a bullish pennant which signifies for the dollar to continue its uptrend.
This week, we expect little pullbacks before the price continues to climb.
The price is expected to reach a supply zone around 102.
However, should the price falls unexpectedly, it will most likely found strong support at 99.40.
The fast MAs are also bending upwards while staying moderately above the 200 MA, showing an increasingly bullish-bias market.
Besides, the price has recently broken above a bullish pennant which signifies for the dollar to continue its uptrend.
This week, we expect little pullbacks before the price continues to climb.
The price is expected to reach a supply zone around 102.
However, should the price falls unexpectedly, it will most likely found strong support at 99.40.
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