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US Dollar Index






5/29/2017 4:03:55 AM

US Dollar Index - Technical Analysis: Monday, 29/05/2017 08:03 GMT



The US dollar index shows recovery attempts to move around 97.40, but RSI loses the bullish momentum clearly to head towards the overbought areas, to support the chances of turning back to decline again, waiting to break 96.65 level to confirm the continuation of the bearish trend that its next target located at 94.44.

Thus, the bearish trend will remain expected and dominant in the coming period unless the index rallied to surpass 98.02 level and settle above it.


Target
Risk


Support
Resistance


Trend Bearish

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