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US Dollar Index






3/17/2017 2:16:14 AM

US Dollar Index - Technical Analysis: Friday, 17/03/2017 06:16 GMT



The US dollar index managed to break 100.22 level and closed the daily candlestick below it, to support extending the bearish wave on the short term and medium term basis, preparing to head towards 99.12 level in the coming period.

Thus, it is expected that the negative pressure continues to dominate the dollar index moves, noting that surpassing 100.22 then 100.60 barriers will stop the current negative pressure and push the index to attempt to recover on the short term basis.


Target
Risk


Support
Resistance


Trend Bearish

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