As we can see Dollar has been in a bullish trend
for a while, but since last 2 weeks we are stuck in a tight range and price at the moment testing the major support level
. It is a critical level as you can also view EU is testing the major RES level as well and they move against each other.
Watch very carefully as market opens on 2 Jan 2019 if price rejects from here then expect the range to continue but in case price breaks that support then its game changer Dollar bearish
, EU bullish
both breaking their range respectively.
Very important levels, pay attention!!!
Wishing everyone a very happy new year!!