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The dollar index bounced on Wednesday, after 200DMA (103.52) repeatedly contained dips in recent sessions. Reversal pattern is forming on daily chart and 14-d momentum is ascending from negative territory and pressuring the centreline, contributing to positive signals, which will still look for additional confirmation on daily close above cracked Fibo barriers at 104.00/02 (converged […]

The post Dollar Index: Dollar Edges Higher Ahead of Release of Key US Economic Data on Thursday appeared first on Action Forex.

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