The US dollar is again hanging out at lows, however it gradually seems to be picking up steam. It is really trying to contend with 93.20. It has breached this level multiple times, but can’t seem to build the steam to catch a breakout. If it does, 93.31, will be the next level of resistance, which is an intersection of the trendline forming the bear wedge from which it broke. The dollar seems to be facing a lot of technical headwinds, so it is more likely to range at current levels, if not test lows again.


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