On a relatively weak day for the general market, we can take a look at how price action on EUR/USD played out around Pivot, and S1.
EUR/USD – Price action around key levels
Dollar Index – Short Term Price Action Note
We have some daily Pivot Levels mapped out. Price made a nice little bounce around 99, Daily Pivot, and subjectively a trendline break. However, EUR/USD could stabilize and possibly bounce, Note: High Impact Economic data for USD is due out in the morning. This is a 15 minute chart.
Trade Weighted U.S. Dollar Index: Broad, Goods and Services
A brief update on this broad Dollar Index, It continued lower, but may be ready for some sort of bounce, as it comes into these levels
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