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Dollar Index attempts to break lower once more
The Dollar Index is once more selling off this morning following yesterday’s false dawn after price failed to close below 94.74. However, price came perfectly up to the 95.09 resistance before selling off once more. Hopefully will see this selloff hold, in which case I would expect further downside to push back towards the key 94.20 support level. There are no signs this selloff is set to end yet and thus I remain bearish while price remains below 95.09.