USD is not having the best day. After the inflation reports came out not nearly as positive as was anticipated by traders the picture spoiled pretty fast for the American currency. Right now we see dollar plunging down from the recent high points. Despite the dive traders and experts remain optimistic and keep on with buying the greenback even during the downfall.
We can see that the retracement was a huge one. It is too early to talk about a full-one downtrend for the greenback, but one thing is clear – greenback is in a rut right now.
With the wide variety of trading combinations, it is unclear what can be bought and what can be sold. That is why it is advisable to use your trading signals today.