A moderate bullish (dollar weakness) bias is applicable above 1.1850. Technical score: +1 A change in trend direction to bullish (dollar weakness) occurred. However, a bearish MACD crossover on the daily time frequency remains intact, which supports dollar strength. Downside price momentum halted – supporting dollar weakness. Upside target: 1.2011. Downside target for a break below 1.1850 will be 1.1812. • The dollar dipped against riskier currencies on Tuesday as hopes for a COVID-19 vaccine and big corporate deals improved investor appetite for assets such as the yuan and the euro.