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themarketzone
Jan 6, 2017 2:55 PM

Dollar tries to climb above resistance following NFP 

U.S. Dollar Currency IndexTVC

Description

102$ nearest resistance zone.
Next resistance - 103$ (Fast MA line), 103.5$ (previous highs) and 105.5$ (completion of bearish harmonic pattern.

Nearest support - 101$ (50 MA line), 100$ (trend line and structure)

Comment

Closed above 102$ following NFP.
Next resistance level is 102.8$

Comment

Trump sent the Dollar below 102$.
50 MA line will be tested by DXY is probably heading towards 100$
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