Dollar Index Dips Through Key Supports after Downbeat US Jobless Claims Data

The dollar index accelerated lower on Thursday, extending steep pullback into fifth straight day. Fresh weakness broke below key supports at 100.28/00 (Fibo 38.2% of 94.59/103.80 rally/psychological), generating strong reversal signal. It seems that the uptrend with massive gains in past two weeks (the index rose 8.1%) might be over and bears start to regain […]
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