sugardaddyFED

Dollar almost at capitulation mode?

FX:USDOLLAR   Dollar Index
23 0 2
- often we see broadening formation
- repetitive patterns since 2015 as price action continue to chop inside the range
- a potential support zone approaching but fail that then 100 weekly MA is the next support which coincide with the downtrend line
- Daily RSI is diverging heavily but price still adamant
Comment: Capitulated and POW higher
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