Rotuma

US dollar approaches critical support at 91.20

ICEUS:DXY   U.S. Dollar Currency Index


US dollar index could bounce back if bulls take back control at the bottom of the price channel around 91.54 and 91.20

The dollar is down 2% from the top of the price channel to the close of the last session and is about to reach a critical point at 91.20.
91.54 is an important level if you recognize the previous action around this level, but I am leaning towards 91.20. If it fails to hold at 91.20, 90.56 could be the next critical level to watch.

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