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Barchart
Barchart
Andrew Hecht

UNBELIEVABLE: Has the dollar index found a bottom - The Untold Story

I last wrote about the U.S. dollar index on Barchart on May 9 when I asked if the index had bottomed, concluding:

Time will tell if the technical downside break leads to a test of the 90 level, which is the next support, or if the trade environment improves and the index returns toward the early 2025 high. At this point, the trend favors the downside.  

 

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