The US Dollar closed the previous week lower amid dovish Janet Yellen and Donald Trump's suggestion to shut down the government which increased political
The US Dollar closed the previous week lower amid dovish Janet Yellen and Donald Trump’s suggestion to shut down the government which increased political instability.
In the week ahead, investors will closely watch the US nonfarm payrolls on Friday, US Q2 growth domestic product on Wednesday, Eurozone inflation figures on Thursday and the UK manufacturing PMI on Friday.
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.1577 | 1.1654 | 1.1787 | 1.1864 | 1.1998 | 1.2075 | 1.2208 |
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.1731 | 1.1780 | 1.1811 | 1.1836 | 1.1861 | 1.1941 |
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.2649 | 1.2711 | 1.2792 | 1.2854 | 1.2934 | 1.2996 | 1.3076 |
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.2774 | 1.2807 | 1.2828 | 1.2845 | 1.2862 | 1.2916 |
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 107.50 | 108.07 | 108.71 | 109.27 | 109.91 | 110.48 | 111.12 |
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 108.63 | 108.92 | 109.09 | 109.24 | 109.38 | 109.84 |
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 125.89 | 126.86 | 128.49 | 129.46 | 131.09 | 132.05 | 133.68 |
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 127.83 | 128.44 | 128.82 | 129.13 | 129.43 | 130.43 |
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 137.95 | 138.61 | 139.69 | 140.36 | 141.43 | 142.10 | 143.17 |
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 139.28 | 139.69 | 139.95 | 140.15 | 140.36 | 141.03 |
This post was originally published by EarnForex