The dollar index accelerated lower and hit the lowest in over two weeks on Thursday, following BoE and ECB’s policy meetings.
Near-term bears extend into fourth straight day, boosted by BoE’s hawkish hike and changed ECB’s narrative in central bank’s tiny shift towards tightening bias and dropping comments that 2022 hikes are unlikely, while narrowing divergence between the Fed and BoE and ECB on expected rate hikes, adds pressure on the US currency.
Weaker structure of daily studies (sharp loss of positive momentum / MA’s 10/20/30 turned to bearish setup) favors further weakness, as bears surged through 95.67 pivot (Fibo 61.8% of 94.59/97.42 upleg) and eye targets at 95.26 (Fibo 76.4%), 95.14 (100DMA) and 95.08 (daily cloud base)
Today’s close below broken 95.67 Fibo support to confirm bearish signal.
Res: 95.67; 95.85; 96.00; 96.25
Sup: 95.26; 95.14; 95.08; 94.59
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
