Two key cards to track the dollar next week
The green back has prevented a further decline towards the end of last week and will remain stronger today. During the thin trading holidays, the major currencies have changed little, but much remains to be done next week.
Instead, the dollar has two key levels to monitor in the form of EUR / USD and GBP / USD, should an even more negative side await return in the coming days.
For the EUR / USD, the highest value on February 25, @ 1.2243, remains the main level of resistance that limits the recent movement of the top, so it is key if the pair tries to push for an even higher push at the end of the month.
In the meantime, at the end of last week, GBP / USD had just been shy when trying the highest price on February 24, @ 1.4241, and the price has risen slightly since then. However, this remains a key resistance if buyers try to get on the agenda in the coming days.