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USD Faces Pivotal Support as Momentum Favors Bears

Guavy AI Editorial Team Published August 5, 2026

Instruments

USD

The US Dollar has fallen over 2% from its yearly high after breaking below the May uptrend, returning to an important technical inflection zone.

Momentum continues to favor the bears, with the current decline unfolding in an orderly technical structure.

A sustained break below support would increase the case for a broader USD correction.

The upcoming Non-Farm Payrolls report could provide the catalyst for the next major directional move.

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