The US Dollar Edges Up to the 96 Handle
The US dollar has edged higher, apparently attempting to regain the 96 handle. We are just inches away, currently meeting resistance at 95.90 or so. Several red triangles on the KRI have confirmed resistance at 95.82, but we were able to break this level earlier in the Asia-Pacific session. If we retrace, it should provide support, but note the vacuum zone down to 95.26. The next target remains 96.00, which should provide formidable resistance. If we are able to break this, then 96.24 would be the next target.
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