US Dollar Index Loses July High; No Technical Level Until 96.50
Chart Prepared by Jamie Saettele, CMT
-DXY has re-entered the prior range (July high at 97.57) so focus shifts to former trendline resistance (line off of the December 2015 and January highs) and August high at 96.52. Ultimately, the major trend defining test is the May-August trendline (channel bottom) and 200 day average (currently 95.82).
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