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Add as a preferred source on Google FxWirePro: US Dollar Index Daily Outlook U.S dollar index has broken major support at 95.47 low made on Jun 30th 2017. It is currently trading around 95.28. In the daily chart, index upside capped by daily Kijun-Sen at 96.67 and any break above will take the DX…
By FxWirePro Team Jul 14, 2017, 1:14 PM UTC
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U.S dollar index has broken major support at 95.47 low made on Jun 30th 2017. It is currently trading around 95.28.
In the daily chart, index upside capped by daily Kijun-Sen at 96.67 and any break above will take the DXY till 97/97.25.
On the lower side, any close below 95.47 will drag the index till 95/94.60 in the short term.
Short term bearish invalidation only above 97.87.
It is good to sell on rallies around 95.35-95.40 with SL around 96 for the TP of 94.10 .
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