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The Dollar index bounced higher but not as strong as I expected. Price remains in a bearish trend which could change today after the US NFP report.
The Dollar index is trying to break above the short-term Tenkan-Sen resistance (red line indicator). The price is inside the bearish channel. Both oscillators are giving bullish divergence signals. This is a warning for Dollar bears. The NFP today could provide a good excuse to break out above the bearish channel.
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