Tuesday came and original trend of dollar bullishness persisting. USD index testing 92.90 and poised to test 94 in coming days. That means
  • EUR/USD can go till 1.1750 after breaking low of 1.1910 convincingly. Now if EUR/USD close below the above level today we could see more drop in single eurozone currency.
  • GBP/USD had bullish outside day yesterday and bounced above 200 dma. Now again it went below that level and may close below the level today.
  • Commodity currencies weakening further against USD. Trump announcement on Iran deal today may change that.
Dollar express on the move again this week.
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