Dollar Index on Tue and Wed was inside day of Mon (19 Oct). On Thur, ECB’s Draghi hints at more QE in Dec while PBOC lowering the one-year benchmark bank lending rate by 25 basis points to 4.35%, these 2 news causes Dollar Index to broke few resistance levels when closed on Fri.
Resistance at TL1, 98.4
Support at 97.0, TL6, 96.3, TL7
USD Impact currencies/Gold/Crude(wow)
Weekly chart with 50 SMA
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