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Dollar Index: Bulls Return to Play After Shallow Correction; All Eyes on US Inflation Data

Dollar Index: Bulls Return to Play After Shallow Correction; All Eyes on US Inflation Data
The dollar index gained traction on Wednesday, signaling that a shallow correction from new multi-month high at 105.10 (Sep 7) might be over. Larger bulls took a breather after facing headwinds on approach to key barriers at 105.13/47 (Fibo 38.2% of 114.72/99.20 / weekly Ichimoku cloud base), with three-day pullback being contained by rising 10DMA […] The post Dollar Index: Bulls Return to Play After Shallow Correction; All Eyes on US Inflation Data appeared first on Action Forex... Read More
Posted: Sep 13 2023, 10:14
Author Name: actionforex
Views: 112296

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