US Dollar has strengthened significantly since last year, but the US dollar today as technically shows sideway signal, and is in determining the direction. If the index can break resistant USDollar 12,100 then the US Dollar index will be further strengthened. Vice versa if down to below 11,900, the USDollar index has the potential to reverse direction to the downward trend.
MA50 and MACD, USDollar index position, now deadth MACD cross, while the low approaching MA50. Looks like the next 1-2 weeks is the time of determination, for the US dollar index
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