In our previous post, we stated that it is difficult for the Dollar to to maintain beyond the 103.225 key resistance without any form of retracement.
The United States Dollar continued the upside earlier on the week, past the 103.225 level but momentum could not sustain and fell back towards the 50 exponential moving average which also coincide with the minor support level at 102.100. Price eventually climbed back and looks to reach the 104.085 level.
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