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themarketzone
May 9, 2017 7:01 PM

Strong rally from MA line drive Dollar Index to 100 

U.S. Dollar Currency IndexTVC

Description

DXY experienced an amazing week so far and it is charging the 100$ resistance zone again.
The rally started from the 50 weeks MA line.
Near 100$ DXY will meet the psychological structure zone and the Fast MA line as resistance. Will this zone kill the Dollar's comback?
Still ahead this week - Dragi, Fed members and G7

Comment

Resistance drove DXY below the trend line again. Things are looking bad for the Dollar
Comments
patterntrader
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Thank you.
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