Any other recovery is likely to be part of a range higher than 143.30/144.30 instead of continuous progress. In the longer term, procedures indicate that the US dollar is still trading in a range, most likely between 142.10 and 145.50, Quek Ser Leang and PEER Chia Note in UOB Group.
The price procedure indicates that the dollar is still trading in a range
Show 24 hours: “The dollar fell sharply to 142.52 days ago. “However, we have indicated that the US dollar” may decrease more, but given the deep early momentum, a clear break less than 142.10 seems unlikely. “It turned out that our point of view is incorrect, after it decreased to 142.36, the two dollars frequently recovered to close 0.92 % in 144.00.
1-3 weeks show: “Last Friday (May 30, Peninth in 143.95), we indicated that“ expectations for the US dollar are unclear, and they can deliberate within a wide range last week, between 142.10 and 146.30. After that, we retreated yesterday (June 03, in 142.75), highlighted the following: “The increase in the declining momentum is not enough to indicate a continuous decrease. The initial dollar was fascinated by a force, which broke the level of our “strong resistance” at 143.85 (the highest level in 144.10).
