USD Index: 200-DMA at 106.45 to cap the recovery – Credit Suisse DollarIndex Banks
The market will eventually resolve the recent range lower
“Post this consolidation phase, our bigger picture view remains that the market will eventually resolve its recent range lower, triggering further weakness later on in the year to test 99.82/37, then the 61.8% retracement at 98.98.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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