Risk sentiment improves on reports that Trump could be discharged from hospital on Monday, S&P 500 futures rise, pushing the safe-haven US dollar lower.
Technically, opening week candle break below the major support lower line indicates price to move out of the box but we expecting another retest on the latest resistance for confirmation of any changes on the short-term bullish turn to bearish
However, longer-term we are looking still at US Dollar weakness major downtrend on weekly charting. This week possible move lower towards the support fibo zone if price doesn't move back towards inside the uptrend channel
Technically, opening week candle break below the major support lower line indicates price to move out of the box but we expecting another retest on the latest resistance for confirmation of any changes on the short-term bullish turn to bearish
However, longer-term we are looking still at US Dollar weakness major downtrend on weekly charting. This week possible move lower towards the support fibo zone if price doesn't move back towards inside the uptrend channel