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GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2019-08-07

DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from its top levels. However, MACD which illustrate diminishing bearish momentum suggest index to undergo short-term technical correction and rebound towards the resistance level 97.55.

 

Resistance level: 97.55, 98.20

Support level: 97.00, 96.35