The US dollar found support at lows at 97.89, then gained steam and made another run for highs at 99.40. It was unable to break this relative high, and had since retraced to 98.82. We do appear to be finding support here, confirmed by a green triangle on the KRI. We appear to overall be forming a bull wedge with an upper bound at 99.40 and if we break out, 99.82 is the next target. From below, 99.22 should provide support if we test lower levels.
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