The Traderszone Network

Published in TZ Latest News 8 September, 2016 by The TZ Newswire Staff

Dollar approaching target levels in many pairs

Lets take a look
EURUSD
USDJPY
USDCHF
AUDUSD
NZDUSD
With the dollar at or approaching key levels in a lot of currency pairs, the dollar rally may stall OR it could accelerate on a break.   Key moment.  Buyers of the dollar are more in control. The sellers (and they may be the buyers from below) have to prove they can take back control.  They will do that by taking back some of the levels taken out to get to these key levels.