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US dollar index pullback likely to be short-lived
The dollar index is pulling back this morning, following a move up towards the 100% Fibonacci expansion. However, there is a clear uptrend in place over the past week which makes me confident that price will move higher again as long as it remains above 96.75.
Two possible support levels to watch out for are 96.93 and 96.87, which are deprived from a Fibonacci expansion and retracement.