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alphatrends
Jul 13, 2023 1:52 AM

US Dollar Index 

US Dollar Index® FuturesICEUS

Description

he US Dollar Index wkly chart shows a drop to the ⚓VWAP from the 2021 low (green line)

Further weakness is likely to find buyers near 99.25 for two reasons:

✅the approx location of the ⚓️VWAP from the 2020 high (red)

✅the 61.8% retracement of the 2021 low to 2022 high
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