This trading week, market sentiment changed rather frequently. Earlier in the week, the US dollar slipped across the board. However, Jerome Powell warned in his speech of a looming protracted crisis. His comments reignited demand for the US dollar as a safe haven asset. Besides, trading sentiment is dampened by escalating tensions in the trade conflict between the US and China. So, from the fundamental viewpoint, the odds are that the US dollar will extend strength. What signals can we pick up from technical indicators? Let’s find out from our technical expert Petar Jacimovic.
