Wednesday, June 26, 2019
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Technical Analysis – Dollar reverses up in sideways channel

Dollar index reverses up in sideways channel; neutral in the medium term. The dollar index found strong resistance around the 97.20 level, driving the price lower. Currently, the price has been developing in a sideways channel over the past five months with upper boundary the 97.50 resistance and lower boundary the 94.60 support.

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