Dollar Leans Bearish, But Bulls Have Some Hope
As we head into a new week, the U.S. dollar needs to be monitored closely. The daily and weekly charts of the dollar below can help us better discern if the recent rally attempt may have more legs after some corrective action. The big picture still leans bearish for the greenback, but there are a few reasons to keep the door open to higher highs over the next two weeks.
Like the daily chart, a weekly look at the dollar is a mixed bag with a continued bearish slant.
