Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, with potential for a more robust recovery on the horizon. Dollar’s next move will likely hinge more on overall risk […] The post Dollar Turned into Consolidation Phase as Selling Passed Climax appeared first on Action Forex.

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, with potential for a more robust recovery on the horizon. Dollar’s next move will likely hinge more on overall risk […]

The post Dollar Turned into Consolidation Phase as Selling Passed Climax appeared first on Action Forex.