FXstreet.com (Barcelona) - Dollar decline from 96.10 Asian session high has found support at 95.10 on early European session, and the Dollar has picked up approaching to Aug 11 low at 95.75.

On its upside move, the Dollar could find resistance at 95.75 (Aug 11 low), and above there, 96.10 and 96.55/60. On the downside, potential retreat below 95.05 (Aug 7 low) could find support at 94.80/85 (Aug 6 low) and 94.65 (Aug 3 low).

According to Greg Holden, technical analyst at ForexYard, the Dollar could continue dropping today: Ever since peaking at the 97.75 level, the pair has been constantly dropping and is currently trading around the 95.50 price range. As all oscillators on the 4-hour chart are pointing down, it seems that the pair's downtrend could extend today.

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