Talking Points:
US DOLLAR TECHNICAL ANALYSIS – Prices remain in digestion mode after prices slid to the four-month low. A daily close below the 61.8% Fibonacci expansion at 11638 exposes the 76.4% level at 11576. Alternatively, a push above the 50% Fib at 11688 opens the door for a challenge of the 38.2% threshold at 11737.…
- US Dollar Pauses to Digest Losses After Hitting 4-Month Low
- S&P 500 Signals Indecision at Familiar Range Top Resistance
- Gold Working to Extend Rebound, Crude Oil Treading Water
US DOLLAR TECHNICAL ANALYSIS – Prices remain in digestion mode after prices slid to the four-month low. A daily close below the 61.8% Fibonacci expansion at 11638 exposes the 76.4% level at 11576. Alternatively, a push above the 50% Fib at 11688 opens the door for a challenge of the 38.2% threshold at 11737.…