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Aleksin_Aleksandar
Oct 5, 2022 6:32 PM

Dollar index, resistance at 61,8% Fibonacci level 

U.S. Dollar Currency IndexTVC

Description

The dollar index fails to break through the very important level at 111.70, at the 61.8% Fibonacci level. A pullback followed, and now we are looking for support at 111.00, at the 38.2% Fibonacci level. The inability of the dollar to find support there, will bring us down again to the 110.00 level.
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