The USD broke the short-term range yesterday and has formed a short-term support ledge on it's way up.
This would suggest the possibility of further upside.
However, with Non-Farm Payrolls out today, it would seem safer to wait until the data has passed before taking any bets on the USD.
This would suggest the possibility of further upside.
However, with Non-Farm Payrolls out today, it would seem safer to wait until the data has passed before taking any bets on the USD.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.