FXTurkey

US Dollar Index Mid Term Analysis For Investments

TVC:DXY   U.S. Dollar Index
Price has retraced to 0.618 fibonacci level of a 1 year bearish trend.

last high was made at 4th october sicne then price traded under this level.

There is a ascending triangle and price is consolidating in it.

Price may want to return back to 96 level if 97.50 level continues to hold the price.

You may consider long term investsments according to the analysis.

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