Daily Dollar index chart
The dollar index continues its South bound journey towards the immediate Support (R3) near 76.10, follows by a next support near 75.64(or 75.50).Bearish Divergence on all indicators affirms its bearish momentum.
There is still no sign of reversal near term unless PA lifts the index above 78.25(61.80% Fibo Retr.) basing on the Daily chart on last Friday Closing.(at this level, Index$$, Euros/Usd may be possible near 1.3500).
The dollar index continues its South bound journey towards the immediate Support (R3) near 76.10, follows by a next support near 75.64(or 75.50).Bearish Divergence on all indicators affirms its bearish momentum.
There is still no sign of reversal near term unless PA lifts the index above 78.25(61.80% Fibo Retr.) basing on the Daily chart on last Friday Closing.(at this level, Index$$, Euros/Usd may be possible near 1.3500).
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