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Monday, March 20, 2017

US Dollar Index

The Dollar Index pulled back from 104 to 100 after Fed reiterated 3 hikes for this year on 15 Mar. However, this blog believe the medium term target of 106 remains intact following Nov 2016 breakout from 2015-2016 trading range. However a break down below 99 would imply that the breakout was not genuine.

All posts and charts are for educational and illustration purposes only

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