The weekly chart shows a bit of a different situation for the dollar. While there was a strong push to the upside of the last several weeks, momentum is losing steam. Price is rejecting the 75 EMA. The last candle indicates that there is some indecision happening. Ideally, I would have liked price to gradually run up to 94.19 before getting a correction, but so much positive data was released causing an impulsive move to the upside. With that being said, it would be great if price could confirm 92.55 as the level of support before continuing to the upside.
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