jamison_fx

DOLLAR INDEX COMING INTO MAJOR LEVEL

TVC:DXY   U.S. Dollar Index
US dollar index coming into a major level of support around 95.70 this is vital for direction on a few currency pairs I'm looking at, I think we may see a slow down in price as the US dollar has been falling for a number of weeks now. We may see a small pull back from this highlighted level for possible further move back to the downside, either way I will be monitoring this level to see if we can get some rejection signs or if it just breaks support.

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