Friday, 7 June 2024

US Dollar Index Needs to Hold Above 104

by BD Banks

US Dollar Index Needs to Hold Above 104

US dollar index pauses downleg near important support trendline Technical signals are uncertain; sellers wait below 104 The US dollar index is trading at an attractive level around the protective trendline that joins the lows from December 2023 and March 2024 near 104.00. The index could enter a new bullish phase, though the technical outlook […]

The post US Dollar Index Needs to Hold Above 104 appeared first on Action Forex.

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