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GCMAsia - DOLLAR_INDX
DOLLAR_INDX
DOLLAR_INDX
2020-07-16

DOLLAR_INDX, H4: Dollar index was traded lower while currently testing near the support level 95.85. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the dollar to experience a technical correction towards the resistance level 97.55.

 

Resistance level: 97.55, 98.80

Support level: 95.85, 94.65