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The dollar is clearly gaining strength with each passing week. In the discussed currency pair, we see that the price has approached the resistance that was set from the 2004 and 2005 periods. Later, the price also respected him, but with less accuracy. In the circle I marked the place where you can look for a signal, but taking today’s data into account, I do not expect a significant correction. Unemployment is falling and the overall situation is clearly improving, so what would be the reason for the weakening of the USD? You can see the trend on the chart, so we should look for such positions.
