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Important Resistance Restricts US Dollar Index (I.USDX) Advance

Discussion in 'Technical Analysis' started by Kaitlin, Oct 28, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Following the Chinese rate cut, the US Dollar Index (I.USDX) swiftly rose to the highest levels in more than two months during last weekend; though, 97.30 important resistance, encompassing seven months old descending trend-line and 23.6% Fibo of its November 2014 – March 2015 rise restricted further advances by the[​IMG]

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