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 dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.