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KarYong
Oct 27, 2015 8:04 AM
US Dollar Index: Currently in a consolidation phase
INDEX:DXY
1D
US DOLLAR CURRENCY INDEX
INDEX
Description
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Oct 27, 2015 8:04 AM
The US Dollar Index seems to be in a consolidation phase. We do have a completed bearish Gartley pattern in confluence with the immediate downtrend line.
As long as price respect this line, we can expect price to trade lower towards the 95.50 level.
DXY
FXP
consolidation
Comments
kenxing1984
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Oct 29, 2015 2:43 AM
above 97 already.....very bull
KarYong
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Oct 29, 2015 2:49 AM
Yup. Yesterday fomc statement was hawkish.
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