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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 96.05. However, MACD which illustrate diminishing bearish momentum signal suggest the dollar to extend its rebound after it breaks above the resistance level 96.05.

 

Resistance level: 96.05, 96.80

Support level: 95.30, 94.90