7/5/2023 0 Comments 100 lek to usdAs the RSI rose into overbought territory, the bulls may see a pullback as an opportunity to stake in at a discount with 1.0700 at the base of the momentum as the first support. A pop above last week’s liquidation point at 1.0760 sends a strong bullish signal, prompting sellers to cover their bets. The US dollar struggles as the market prepares for a 25-basis-point rate hike by the Fed.
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