Greenback remains subdued ahead of Yellen speech in Jackson Hole. Yesterday attempt to cut through 95.00 barrier failed as Housing market data disappoints:
Dollar fell as the data missed forecasts with a drop accelerated by selloff from resistance:
On 2H timeframe we can see that all recent buck attempts to break resistance fail. Probably the ceiling won’t be lifted till Yellen clears up situation with the rate hike:
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