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Aleksin_Aleksandar
Nov 17, 2022 1:24 PM

Dollar index at the support level Long

U.S. Dollar Currency IndexTVC

Description

Since the beginning of 2021, the dollar index has been bullish, and every pullback was not below the 38.2% Fibonacci level. Now we are testing that level again. If the dollar withstands all pressures, we will return to a longer-term bullish trend with the potential formation of a new higher high. This week and next could be crucial for the longer-term trend of the dollar.

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