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GCMAsia-DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2021-06-02

DOLLAR_INDX, H4: Dollar remain traded in a sideway channel following recent rebound from the support level 89.55. However, MACD which illustrate diminishing bearish momentum signal suggest the dollar to extend its rebound in short term towards the resistance level 90.25.

 

Resistance level: 90.25, 90.75

Support level: 89.55, 89.10