FXstreet.com (Barcelona) - The Dollar has bounced up at 95.65 support level after its rejection from 96.60 resistance level, and has recovered all the lost ground to set a new assault to 96.60 resistance level.
According to Valeria Bednarik, collaborator at FXstreet.com, the pair could consolidate at current levels before attempting further climbing: Consolidation at the immediate-term Resistance @ 96.25 which defines the Intraday Range for now between 95.45 supportive Area and 96.37 dynamic Resistance. 20EMA flattening out in Angle supporting the continuation Price Action moving forward, and Fractal Behavior finding upside Resistance @ 96.76 if Appreciation continues.
On the Downside, bednarik observes the following lecvels: Corrective Yen Behavior has confluence @ 95.91 20EMA and 96.00 Handle dynamic Support. Further corrective Behavior will find static Support @ 95.45 if the MA can be violated with confidence on the Hourly View.