resistance

Last week the USD reached critical resistance. The US dollar index, an average of the greenback’s value against six top currencies, has now back to challenge key support above 86.40: the intersection of a principal level, acted frequently as near-term support/resistance, and a rising trend line from December’s lows. As a negative market reaction to US policy efforts and the an sinister G7 summit sparked a sell-off in risky assets, US Dollar have rallied convincingly