The Dollar Index has surpassed and closed below a key daily/intraday support level.
After retesting this level, the price rebounded and breached a resistance line of a rising wedge pattern, suggesting a strong likelihood of a continued bearish trend.
It is highly probable that the price will soon reach the 96.43 level.
After retesting this level, the price rebounded and breached a resistance line of a rising wedge pattern, suggesting a strong likelihood of a continued bearish trend.
It is highly probable that the price will soon reach the 96.43 level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.