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The Dollar index remains in a bullish trend. Price is near its 2018 highs. My longer-term view is bearish but there is no sign for a reversal yet. There are some warnings but no confirmed reversal sign yet.
Black line - resistanceRed line - support
The Dollar index remains in a bullish trend. Price is above the Ichimoku cloud and above the red trend line support. Short-term support is found at 94.89. Resistance is at 95.30. The RSI is diverging despite the new higher highs. This is a bearish warning. Below 94.89 I would look to open short positions and increase them on a break below the cloud and the red trend line support.
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