USD is still rallying within the resistance zone 113.97-114.26. This stagnation around this zone may mean the price is looking to edge even higher. Thus, if the price can give a clear buy signal, I would consider a long position. Furthermore the month chart is a bullish pin bar candle and will push the price to the upper side towards 118.00. As it is on the daily chart above, only a buy position can be recommended towards 118.00. If this resistance is broken, then the price may rise higher towards 121.00.
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