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The US Dollar Index is pulling back towards the tenkan- and kijun-sen support after the gap up earlier today. The price is above the cloud support. Short-term support is at 95-95.30. If is gets broken, we should expect a push even lower towards 94.50.
The weekly chart showed signs of strength last week. The price is above the kijun- and tenkan-sen indicators. The trend is mostly sideways. Support at 93.10 was held and bulls managed to reverse last week's candle producing a positive one. Weekly resistance is seen at 97.85 and at 97. Weekly support is at 93.50 and 93.10.InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.