Dollar Is Approaching a Much Bigger Technical Test Dollar’s selloff is not just about this week’s Treasury buyback announcement. DXY has broken important support and is moving toward levels that could turn a medium-term decline into a much larger structural breakdown. A decisive break of 95.55 would threaten the multi-decade rising channel and eventually bring […]
The post Dollar Index Faces Structural Breakdown Toward 90, EUR/USD Eyes 1.20 Breakout appeared first on ActionForex.
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