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Forex

Dollar Under Technical Pressure Ahead of NFP Report

Guavy AI Editorial Team
Instruments
USD
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The US Dollar is under increasing technical pressure after breaking below its July uptrend and extending its post-FOMC decline.

This has shifted attention to a critical support zone at the weekly low, which is being closely watched in anticipation of Friday's Non-Farm Payrolls report.

Traders are looking for confirmation on whether this pullback remains a healthy correction or begins to evolve into something more significant.

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