Dollar Breaks above a 2023 High

30 בספט׳ 2023

The US dollar index remains bullish as the price closes above the 105.883, 2023 high. The bias will likely draw the market towards the 21 November 2022 high, at 107.993, buy-side Liquidity. The 11-month high coincides with a weekly Fair Value Gap. The uncertainty of the US government shutdown will trigger risk aversion along the seasonal shifts as 3rd quarter comes to a close.