The US dollar is forming a flag formation above the 50-day moving average and has broken out of a 15-month trade range, with the 10150 level as the key breakout target, while the euro is weak below 114 suggesting potential moves to 112-111.
factualpending
Speaker
Patrick SznaEvidence Quote
“The US dollar has a flagging formation above the 50-day moving average. The key level to watch is the 10150 level. The euro that remains so decisively weak. Any breakdown below 114 could see us visiting the 112 or 111 level.”
Created: 8/12/2026, 6:13:28 PM
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