Dollar steady ahead of European trading | Forexlive

As mentioned yesterday, we are more at a checkpoint for the dollar right now upon meeting some key technical levels:

Overall price action continues to hold around the same levels as buyers and sellers continue to take stock of broader market sentiment this week. The rebound in equities from the relief rally appears to be losing appetite after another decline in Wall Street again yesterday. I’ll go through some of the charts later in the session but for now, things are still holding as they are above for the dollar.

Here’s a snapshot on the day so far: