US Dollar Index has managed to push through yet another high around 93.89 today, before reversing. The index trades around 93.48 levels for now and might be looking to produce a meaningful corrective drop. Remote probabilities still remain for a drop towards 92.50 levels, the fibonacci 0.618 retracement of the entire rally between 91.75 through 93.89 respectively. Either way, US Dollar Index remains a buy on dips going forward.
Remain long, stop below 91.75 and target is open.
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