Dollar index looking for a direction
The dollar index has found a bottom at the FOMC lows from last week and catch a bit of a bounce yesterday taking us back up to the 23% fib level. Currently, we are seeing sideways price action and looking for confirmation of a directional bias. Sentiment seems to be neutral this morning and so the key levels for the upside would be 96.30 and 9650, while the downside levels to keep an eye on are 95.90 and 95.60.
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