The dollar has climbed for 5 consecutive days last week.
The U.S. economic data released were all better than forecast except for manufacturing PMI that's somewhat shrinking.
During NFP, the dollar had a temporary pullback, probably due to overbought sentiment, but quickly picked up again and broke a 4-month high.
As the price continues to create higher highs and lows and shown no sign of reversal, the price is expected to climb further.
The occurrence of 5 consecutive bullish candles is not common and thus increases the odds of a pullback.
The U.S. economic data released were all better than forecast except for manufacturing PMI that's somewhat shrinking.
During NFP, the dollar had a temporary pullback, probably due to overbought sentiment, but quickly picked up again and broke a 4-month high.
As the price continues to create higher highs and lows and shown no sign of reversal, the price is expected to climb further.
The occurrence of 5 consecutive bullish candles is not common and thus increases the odds of a pullback.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.