Another winning week for us! The US Dollar followed exactly as we analyzed last week.
Looking at the current data, the trend continues to show a strong decline, heading towards the resistance zone around 99.8, just as we analyzed last week.
This week, the September federal interest rate announcement is released, which will have a significant impact on the financial markets. Many forecasts suggest that the rate will drop after a period of sideways movement. Once announced, this news will directly affect price movements and have a strong influence on other assets like gold, oil, etc.
So, be cautious with every investment decision. Only after careful planning and with an effective risk management strategy can you stay grounded in the market and generate breakthrough profits.
Wishing investors smart and effective investment strategies! And stay tuned for the next US Dollar updates.
By. Pham Thanh Bien
