InstaForex - Analytics

    InstaForex

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    Technical analysis of USDX for March 11, 2016 2016-03-11

    The Dollar index rejected our important resistance at 98.50 and reversed lower. There is still a risk for more dollar weakness, but bulls will get in control of the trend only if the index breaks above yesterday's highs.

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    Blue lines depict trading range.

    Red line depicts trend line support.


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