A correction to the nearest support levels should be used to open Buy positions for two reasons. If at the beginning of last week on the interbank lending market in London there was an increase in dollar interest rates, then at the end of the week rates fell, which is negative for the American currency.

Secondly, the commodity market maintains a stable demand for copper and oil, which is negative for the dollar exchange rate, inasmuch as raw materials are quoted in the US currency. Copper and oil are two key commodity market assets that signal traders’ positioning. Now investors are increasing purchases of industrial metals and energy resources, and against this background, the dollar will show weakness.

Trading recommendation: buy 1.3620/1.3595 and take profit 1.3695.