ICmarkets

US dollar - big picture

Long
TVC:DXY   U.S. Dollar Index
The dollar recently tapped a weekly AB=CD (see black arrows) 127.2% Fib ext. point at 91.81. Price is showing promise from this angle thus far. Meanwhile, over on the monthly chart, the USDX is seen shaking hands with monthly support logged at 92.29, which unites closely with an impressive Fib support cluster.

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