Good morning, traders. Yesterday, we witnessed a push down in the dollar and an upward move in EUR/USD. We're still trading within a range, and we noticed the first sign of weakness in the dollar index as it failed to make a lower low. Today, we have news releases that can influence the dollar, so exercise caution when trading dollar pairs. We're patiently waiting for a swing trade opportunity on EUR/USD, but first, we need to see the dollar break through levels around 105.500. Once that happens, we'll actively look for swing trades on EUR/USD. Stay patient, my friends. There's no need to take unnecessary risks. The market offers plenty of opportunities. Happy trading!
Daniel P. Fadejev