Towards the end of this week's trading, several factors are seen as the trigger for the re-strengthening US dollar.
But most notable was the riot situation at the Capitol after Donald Trump supporters were dissatisfied with Georgia's pro-Democratic election results.
The tension has shifted the direction of the US dollar movement which is seen to continue to decline with the expectation that a major economic stimulus package will be implemented.
Following the market turmoil worries investors to be cautious and increase buying interest in the US dollar as a safe-haven.
The market is also expected to be volatile during the New York session following the forthcoming US NFP job data report.
On the chart of the EUR / USD currency pair on Thursday, it was seen that the price significantly dropped from the resistance zone 1.23400 by recording a daily decline of around 100 pips to the level of 1.22500 in the RBS zone (resistance become support).
The horizontal price movement until the end of the New York session above the level of 1.22500 before the Asian session today (Friday) shows the price continuing the bearish momentum.
A lower decline is expected towards the lower RBS zone around 1.21800-1.21500 with a bearish trend change on the EUR / USD chart.
However, if the US dollar weakens again in the market, the price is likely to rise again to test the resistance level at 1.23000 before reaching the resistance zone of 1.23400 again.
