US Dollar Index has managed to correct lower as expected but has reached the fibonacci 0.50 around 91.50/55. A bullish turn here could still resume its uptrend and push higher towards 92.50 and 93.50 over the next few trading sessions. Structurally, US Dollar Index seems to be unfolding Wave 3 higher towards 94.50 and 95.50 since printing lows at 89.70 earlier. Bulls are expected to stay in control until above 89.20 mark.
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