US dollar index targets 96.00-10 near term

Written by Finacademy.io

November 16, 2021

Technical Analysis:

The US dollar index might be targeting 96.00 level before reversing lower. The index push through 94.52 mark on Monday indicating some more room left on the north side. Also note the fibonacci 0.618 extension, which is targeting 96.08 levels on the daily chart.

Prepared by

Finacademy Technical Team

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