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The Dollar has gained around 1% in the past 6 business days, yet it remains up against a big wall of falling resistance.
Three weeks ago the Dollar attempted on a “daily basis” to clear this wall of resistance, yet sellers came in quickly, driving the price of it down, as fast as it went up.
On a “weekly closing basis” the Dollar continues to put in a series of lower highs at falling resistance. Until broken, resistance is resistance!