The dollar traded in a tight range last week and with the US GDP and US PCE data prints scheduled for the week ahead we may see some selling pressure on the over-bought greenback.
I’m expecting a pullback towards the 61.8% Fibo level of 104.80 before the dollar bulls find continued momentum.
I’m expecting a pullback towards the 61.8% Fibo level of 104.80 before the dollar bulls find continued momentum.