DX – US Dollar Index at 11am forming a bottom, which gives a singal to activate the bulls from support level 94.30. Based on monthly support 94.70 and Fibonacci 23.6 the price will probably make upward movement in a US session opening.
Moving Average period 100 is a support 94.70 – D1. In long positions from 94.70 stop loss level remains below level 94.00 and target 96.00 resistance level.
Jn Trader Tenev
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